According to the British "Guardian" report, market research firm BNEF Research believes that large cars such as electric cars and SUVs will reach parity in 2026, while small cars will follow closely and reach parity in 2027.
Beijing time on May 17, news, according to foreign media reports, the latest research shows that the prices of electric vehicles and fuel vehicles should be flat before the end of this century. Even by 2027, the production cost of electric vehicles is expected to be lower than that of traditional fossil fuel vehicles, and the vehicle price will be cheaper than gasoline and diesel vehicles.
As far as the auto industry is concerned, the flat price of electric vehicles and gasoline and diesel vehicles is one of the main obstacles to the promotion of electric vehicles. At least for the European market, this point (decreasing the price of electric vehicles) seems to come earlier than expected.
According to the British "Guardian" report, market research firm BNEF Research believes that large cars such as electric cars and SUVs will reach parity in 2026, while small cars will follow closely and reach parity in 2027. The report also pointed out that although some regions have made considerable progress in emission regulations and bans, stricter emission regulations will be issued globally, which may make electric vehicles dominate all new car sales in the next decade.
According to European data, the current retail price of a medium-sized electric car is 33,300 euros, compared to 18,600 euros for a gasoline-powered car of the same size (referring to the body size). The prices of both cars should reach an average of 19,000 euros in 2026.
In addition, it is estimated that by 2030, the cost of the same electric car will reach 16,300 euros. In contrast, the cost of a gasoline car should increase to 19,900 euros.
As automakers provide space for dedicated electric vehicle production lines in their factories, this greater economies of scale means that electric vehicles will become more economical than gasoline vehicles in the next six years. In addition, the manufacturing cost of batteries is getting lower and lower, causing automakers to pass on the reduced costs to end consumers.
However, it is interesting that the "prediction to 2026 or 2027" proposed by the BNEF research company is only a conservative estimate. According to the British "Guardian", the investment company UBS (UBS) predicts that it will be in 2024. Realize that the manufacturing cost of electric vehicles will be the same as that of fuel vehicles.
A study commissioned by the Ministry of Transport and Environment, a non-profit organization in Europe, predicts that battery prices will fall by 58% in the next ten years. That is, the battery price will drop to US$58 per kWh, which is far lower than the current price of US$100 per kWh.
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