Inside Climate News discusses How Soon Will An EV Cost the Same as a Gasoline Vehicle? Sooner Than You Think. Electric trucks and tractors are on the way, but the fishing industry is slowing development of the nation’s first giant offshore wind farm.
At some point, probably sooner than you expect, the price of an all-electric vehicle will fall far enough to equal the cost of an equivalent gasoline vehicle. We know that day is coming and a whole lot of people—many of whom work in the auto industry—would like to know when. So here’s an answer: Maybe by 2023, probably by 2024 and almost definitely by 2025.