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Home > Reports and Documents > Hitting the EV inflection point: electric vehicle price parity and phasing out combustion vehicle sales in Europe > Hitting the EV inflection point: electric vehicle price parity and phasing out combustion vehicle sales in Europe

Hitting the EV inflection point: electric vehicle price parity and phasing out combustion vehicle sales in Europe [1]

Electric vehicle sales are rising fast in Europe and a growing number of governments have set targets for phasing out new internal combustion vehicle sales. A fundamental input in deciding the feasibility of such policies is how quickly battery electric vehicles can reach price parity with their internal combustion counterparts. Further improvements in lithium-ion batteries will be critical and manufacturing strategy will also play a role. This report shows trajectories of cost developments for the production of battery electric vehicles and internal combustion engine vehicles, and the implications for the adoption of electric vehicles in Europe.
[2]

Publication Date: 
10/05/2021
Transport & Environment [3]
Tags:
Electric Vehicles [4], Battery Vehicles [5], Europe [6], European Union (EU) [7], Cars [8]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/hitting-ev-inflection-point-electric-vehicle-price-parity-and-phasing-out

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/hitting-ev-inflection-point-electric-vehicle-price-parity-and-phasing-out
[2] http://www.indiaenvironmentportal.org.in/files/file/hitting the ev point.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/transport-environment
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electric-vehicles
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/battery-vehicles
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/europe
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cars