Financial Times: Electric Car Costs Higher than Traditional Engines

Aug 31, 2020

Electric cars will remain significantly more expensive for European carmakers to produce than combustion engine models for at least a decade, according to Oliver Wyman. While the total cost of manufacturing a compact emissions-free vehicle will fall by more than a fifth by 2030, to €16,000, this will still represent a 9 percent gap when compared with petrol or diesel models.

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