Even with falling battery costs, electric cars will remain "significantly more expensive" for European automakers to build than internal-combustion models for at least a decade, according to a Financial Times study. While the total manufacturing cost of a compact electric car will fall by more than a fifth by 2030, to 16,000 euros ($19,000), that... Study: EVs will still cost more to make, even after batteries get much cheaper
Even with falling battery costs, electric cars will remain "significantly more expensive" for European automakers to build than internal-combustion models for at least a decade, according to a Financial Times study. While the total manufacturing cost of a compact electric car will fall by more than a fifth by 2030, to 16,000 euros ($19,000), that...