One of the arguments that most delay the leap from drivers to electric vehicles is price. The cost of acquiring one of these cars can exceed that of a fossil fuel model between 5,000 or 15,000 on average. But it seems, this excuse for not going electric is going to end.

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According to a study by the Swiss financial company USB, the forecast is that this price difference will gradually decrease in the coming years. Specifically, it is estimated that the cost between electric and fuel models cost the same in 2024. Obviously hybrids are also included in the same batch.

The price difference lies mainly in the production of the batteries. Batteries account for 40% of the total amount paid for an electric carTherefore, reducing the cost of its production would also lower the total. In this study, collected by the English newspaper The Guardian, They specify that the cost per kWh would decrease to $ 100. This barrier would be crossed around 2022, the year in which the price gap would be between 1,600 and 2,000 euros. Economic equality between models would be achieved two years later.

Rapid reduction in battery costs is expected to skyrocket the electric market, although they have gradually increased their market share in recent months despite the crisis in the automobile sector. From Globally USB it is expected that the share of electrified models will reach 17% of the global market in 2025 and that in 2030 the sales of these vehicles account for 40% of total car sales all over the world.