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>So it seems like reducing battery cost is not going to get EV's to mass market. Am I missing something here? Cost per mile is much lower for EV than ICE, and
by rcMgD2BwE72F 5y ago
>So it seems like reducing battery cost is not going to get EV's to mass market. Am I missing something here?
Cost per mile is much lower for EV than ICE, and the electricity bill decrease as the share of renewables will grow into the grid mix (to incentivize off-peak charging). Maintenance is much cheaper too (almost no moving part, million-miles batteries and motor, no fluid except wiper, fewer brake change thanks to regen…).
The initial cost may still be high but with financing, it's easy to imagine a much cheaper plan for EV vs ICE.