Study: EVs will still cost more to make, even after batteries get much cheaper

Study: EVs will still cost more to make, even after batteries get much cheaper

2020 Volkswagen ID 3 production at plant in Zwickau, GermanyEven with falling battery costs, electric cars will remain “significantly more expensive” for European automakers to build than internal-combustion models for at least a decade, according to a Financial Times study. While the total manufacturing cost of a compact electric car will fall by more than a fifth by 2030, to 16,000 euros ($ 19,000), that…

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