Plus, EVs have to amortize a lot more R&D costs/factory capital still. Actual posted marginal costs seem similar/cheaper on paper and it seems only a matter of

Plus, EVs have to amortize a lot more R&D costs/factory capital still. Actual posted marginal costs seem similar/cheaper on paper and it seems only a matter of time before EVs at the same trim level are cheaper than their ICE counterparts. Though we'll probably see the "shell game" of EVs never having easily comparable trim levels continue to play out for at least a few more years to keep consumers on their toes (and continue to amortize R&D costs/factory capital, at least at the major manufacturers). The interesting things to watch right now for EV costs are the Chinese manufacturers with very different capital expenses (and already complete R&D amortization) entering the EU and US markets, and the German manufacturers in a sharp game right now of trying to hit 100% EV production by 2025. If the German manufacturers hit that 100% goal it will still be tough to compare ICE to EV trim levels as there won't be ICE trim levels left to compare from them, but it will also mean that they intend to hit the full breadth of trim levels and the economies of scale of delivering them all on the same base platforms.