A few years ago, enthusiasts talked about the inevitable reduction in the cost of electric vehicles, but skeptics stubbornly refused to believe in it. Today, electric cars are almost equal in price to conventional cars, although so far only in China.
According to the International Energy Agency (IEA), the average price of a new electric car in China is about 10% higher than the average price of a similar car powered by an internal combustion engine. To feel the importance of this achievement, we must add that in the US and Europe, the difference in cost between electric vehicles and cars with internal combustion engines reaches 50%, even after taking into account government discounts. At the same time, many premium models do not provide any discounts.
More than half of the world’s electric vehicle production is concentrated in China, while sales of electric vehicles in the country tripled in 2021. Batteries and basic components for such machines are also produced in China.
Earlier, the deputies of the Committee on the Environment of the European Parliament supported the EU plan to ban sales of new cars with gasoline and diesel engines from 2035. The new rules must comply with 27 countries. Previously purchased cars with internal combustion engines can be operated at least until 2050.
