Electric cars will become cheaper than gasoline cars – Bloomberg

Experts predict that by 2025 the average electric car will cost less than conventional gasoline cars.

By 2025 electric vehicles will cost less than gasoline model due to a significant decrease in the cost of batteries.

As noted by Bloomberg., in seven years the average cost of an electric vehicle will fall below $30 thousand and will continue to decline to $26 thousand by 2030.

By the end of 2016, Bloomberg estimated the average cost of an electric car at $43 thousand, and the usual car – about $28 thousand. This prediction assumes that the cost of traditional vehicles after 2025 will grow to $30 million and above – including because of more strict requirements for emissions, not decrease, in an attempt to compete with electric vehicles.

In the study by Bloomberg New Energy Finance noted that such a significant decline in value must occur by reducing the price of batteries which currently account for approximately half the cost of the electric vehicle. According to the forecast, between 2016 and 2030 the cost of batteries for electric vehicles should fall by 77% due to the active development of the segments development of new technologies and greater production capacity.

Representatives of the Renault was more bold in these predictions according to them, the price tags on conventional and electric vehicles will be equal to the beginning of 2020.

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