Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025
Green Car Congress
JANUARY 30, 2018
The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles.
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