Electric vehicle prices will be lower than the internal combustion engine models after 7 years

According to Bloomberg News, if the price of lithium-ion batteries continues to fall, as early as 2025, the price of electric vehicles will be lower than traditional models.

A report released recently by Bloomberg News of New Energy Finance shows that as early as 2024, the cost of some models may be the same as that of traditional internal combustion engine models, and will be lower than traditional models in 2025. The research institution points out that in order to achieve the above results, In spite of rising metal prices for batteries, battery pack prices still need to be reduced.

As more and more countries and businesses are determined to purify the urban air and meet the climate goals set by the Paris Agreement, the team that produces electric vehicles is also growing. Last September, British lawyers have started to investigate the electric vehicle market. Required infrastructure, and decide whether to ban the sale of traditional fuel vehicles from 2040 onwards.

According to a report issued by the British Green Alliance, under the incentive mechanism, the UK automobile trade deficit will be reduced by 5 billion pounds (about 7 billion U.S. dollars); the World Fund Committee also pointed out that early elimination of traditional internal combustion engine models will bring 14,000 to the industry. Workplaces. This week, the above two organizations urged the United Kingdom to advance plans to ban the sale of fuel vehicles to 2030.

Bloomberg pointed out that by 2030, the price of electric vehicle batteries is expected to drop by 67%. According to Bloomberg's report from New Energy Finance, the increase in mass production of lithium ion batteries will prompt the price of batteries to drop to US$70 per kilowatt-hour in 2030. The average price of battery packs is about 208 US dollars per kilowatt-hour, which accounts for about two-fifths of the total cost of electric vehicles, which greatly reduces the profit margin.

Colin McKerracher, a transportation analyst at Bloomberg New Energy Finance, pointed out that 'electric vehicle sales will continue to rise in the next few years, but in order to promote large-scale market utilization, battery prices need to continue to decline. If the price of battery materials continues to increase substantially, will postpone The arrival of the demarcation point. '

2016 GoodChinaBrand | ICP: 12011751 | China Exports