On 10 Jul 2020 at 23:47, Lee Hart via EV wrote: > a report by JATO Dynamics shows that an all-electric car priced at $1 > in 2011 would now cost $0.52 in China, but $1.42 in Europe and $1.55 in > the US.
Thanks for mentioning this report, Lee. It should be required reading for anyone interested in the future of EVs. https://www.jato.com/ev-prices-have-been-growing-during-the-last-8-years/ The gist of it is that higher average EV prices are partly from increases in individual models, but a big reason is manufacturers emphasiing expensive luxury EVs over smaller, more affordable EVs. This is especially true in the US, where Tesla's high-priced cars are sales leaders. "As prices of BEVs aren´t falling, the gap between them and ICE cars remains. This is particularly true in the US where the presence of Tesla premium sedans and SUVs has an enormous effect on the price difference. While the average retail price of the petrol/diesel cars sold through September was $35,970, their electric counterparts cost $51,691 - or 44% more. However, in Europe it is likely that prices will reduce due to the arrival of smaller cars like the Opel Corsa-e, Peugeot 208-e and the upcoming Mini electric and Fiat 500 BEV. "There is one exception: Norway. Our records showed that the average retail price of a gasoline/diesel car registered through September was 2,257 euros MORE than the equivalent price for a fully electric car. It is probably the only market in the world where this happens and explains why EVs are so popular with Norwegian consumers." (Emphasis added.) The reason is that Norway deliberately makes EVs more affordable. The VAT on ICEV purchases is 25%, but this is waived for EVs. They also allow free or reduced parking, ferry, and toll charges for EVs, give them bus lane access, and in some cases provide free charging. As a result, in 2019, 42% of the vehicles sold in Norway were EVs. David Roden, EVDL moderator & general lackey To reach me, don't reply to this message; I won't get it. Use my offlist address here : http://evdl.org/help/index.html#supt = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Yearly reminder: unless you're over 60, you weren't promised flying cars. You were promised an oppressive cyberpunk dystopia. Here you go. -- Kyle Marquis = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub ARCHIVE: http://www.evdl.org/archive/index.html INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
