247 Energy
Get in Touch

EV price parity with gas-powered cars

C&I Storage
EV price parity with gas-powered cars

Electric vehicles are approaching price parity with gas-powered cars. Leaders on the EV market are developing innovative battery designs to enable longer-range vehicles at lower costs. The total cost of ownership for a like-for-like EV dropped below that of a Toyota Camry in 2019…

Electric vehicles are approaching price parity with gas-powered cars. Leaders on the EV market are developing innovative battery designs to enable longer-range vehicles at lower costs. The total cost of ownership for a like-for-like EV dropped below that of a Toyota Camry in 2019! Soon sticker prices likely will do the same. Source: ARK Investment - Big Ideas 2021