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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

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The price parity of electric cars and internal combustion engines is seen as a significant achievement in the world’s transformation away from fossil fuels. Around 2020 and 2030, new battery costs are expected to drop by 58 %, to $58 per kilowatt-hour. The Reduction in Battery cost. Battery Swapping.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

DNV GL expects LNG uptake to grow quickly in the next 5 to 10 years, first on relatively small ships operating in areas with developed gas bunkering infrastructure, where LNG prices are competitive to HFO (heavy fuel oil) prices. Ship electrification and renewables.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. last month, but battery electric vehicle sales decreased by only 58.1%. More eco-conscious markets will help EVs to emerge stronger.

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