_Vast_ Chinese EV subsidies & mandates have already gotten us there over the past several years. In the developing world EVs are cheaper than new gas vehicles

_Vast_ Chinese EV subsidies & mandates have already gotten us there over the past several years. In the developing world EVs are cheaper than new gas vehicles to buy and to operate. Prices have come down to ~$50/kwh in 2025 dollars, lower than Tesla et al even hoped for. This is less than estimates I've seen for major new pumped hydro projects in 2005 dollars (when I did more formal research into energy transition), and it requires no site selection, no complex approvals, no environmental mitigation policies. Grid-scale battery projects are lighting up at scale for the first time throughout the world.