Battery prices are coming down significantly. Allegedly EVs
Posted on: February 27, 2025 at 17:48:31 CT
JeffB
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should reach price parity with ICE vehicles in 2026. Charging speeds and energy density are increasing as well. Longevity of batteries has also been better than predicted.
Bottom line: even if oil prices come down & government incentives go away, EVs may become very competitive with ICE vehicles very soon. They do have some advantages.