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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. GM plans to introduce 20 new ZEV models by 2023, while Ford promises 13. of the MoU goal, followed by Oregon with 10%. Performance: Battery range has been increasing annually.