EVs Will Soon Cost The Same As Gas-Powered Cars
Audi According to a report by BloombergNEF (BNEF), the average price of these battery packs will get close to $100/kWh by the year 2023. This is significant as, at that price point, it is predicted that automakers will finally be able to produce and sell electric vehicles for a comparable price - and with a comparable margin - as a similar vehicle powered by a conventional, internal combustion engine. Erasing the current price differential would go a long way to increasing EV sales. Consider, for instance, that the cheapest Audi e-tron begins at $65,900, whereas the similarly-sized Audi Q...