Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025
Green Car Congress
JANUARY 30, 2018
Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. ZEVs require significantly less time and money spent on maintenance because they have only about 20 moving parts – about 1,800 fewer moving parts than traditional ICE vehicles.
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