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. The growth of ZEVs represents a potential drain on motor vehicle fuel taxes, which could affect state transportation revenue. Performance: Battery range has been increasing annually.
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