VVO Supporter 🍦🎈👾❤
- Sep 20, 2018
- SLU Posts
Rapid electrification could save drivers $2.7tn by 2050 as cost of batteries to fall and recharge points to increase
Rapid advances in the technology and cost of batteries should allow all new cars and trucks sold in the US to be powered by electricity by 2035, saving drivers trillions of dollars and delivering a major boost to the effort to slow the climate crisis, new research has found.
Electric vehicles currently make up only about 2% of all cars sold in the US, with many American drivers put off until now by models that were often significantly more expensive than gasoline or diesel cars, as well as concerns over the availability of plug-in recharge points.
This situation is likely to drastically change this decade, according to the new University of California, Berkeley study, with the upfront cost of electric cars set to reach parity with gasoline vehicles in around five years’ time. As electric cars are more efficient and require less costly maintenance, the rapid electrification of transport would save about $2.7tn in driver costs by 2050.