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Exclusive: Hoping to see electric car prices drop? Don't expect price parity any time soon
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Exclusive: Hoping to see electric car prices drop? Don’t expect price parity any time soon

It is not a secret, electric cars cost more than their ice counterparts (internal combustion engine), but paying a premium for new technology is nothing new.

Trends Over the years Show prices Show once a new technology reaches a mass scale: the first 4K TVs were astronomical in price, you can now choose one for less than a new iPhone: make it more attainable for consumers .

Those who consider buying an EV (electric vehicle), since their next car may be waiting for a similar pricing to happen, since we see an influx of new models that enter the market of all the main automatic brands.

But if you are waiting for the fall of that price, you may be waiting for a long time.

TechRadar asked Markus Schäfer, COO at Mercedes-Benz, when we could expect to see the parity of costsbetween ice and electric vehicles, and he may disappoint those who want to jump to an EV in the near future.

“When did we reach the parity of the costs of the two tricks? … not in the near future” Schäfer told us. “The battery power train will remain a couple of thousand euros more than ice [equivalent model]”.

A “couple of thousands of thousands” is an optimistic estimate in the premium that currently pays for an electrified transmission train on a traditional gas dullzer, with several thousand more realistic premium for many models.

So, when can we expect to see some form of parity? “I do not see this in the mid-20 years,” Schäfer explained, “towards the end of this decade, when the batteries are made in larger scales and there is a new chemistry, then [the] price could fall.”

That means we can be waiting until 2030 until we see the prices of electric cars, come to parity with what we are accustomed to pay for traditional gasoline models.

While that may feel a long way, to be fair, it is: if you are considering an EV, you should also think in the long term, throughout the property of the vehicle, since it can still work cheaper.

The long work

While the payment in advance / monthly payment of an electric car is greater, there are significant savings that occurs when it comes to fuel, especially if it is many miles.

“If you notice the total cost of the property, you can argue an electric vehicle makes sense, even at short distances,” Schäfer said.

Depending on where you live and the price you pay for KWh at home, you can recharge an EV for much less than recharging fuel.

Surely it has much more time receiving, but if you can leave your vehicle to charge during the night and it is not doing more than 100 miles per day, it is not so inconvenient.

Schäfer feels that he should do more to promote drivers to EVS; “The system needs some incentives to obtain [electric cars] in the mass market”.

As the cargo infrastructure improves, with more charging points in the countries and the continuous increase in load speeds, range anxiety will be reduced and consumers may feel comfortable paying more initially for an EV, with the knowledge that There are savings on the road.

However, for those with a budget, the lower initial cost, the reliability of the network of the fuel station and the robust market of the second hand means that ice vehicles will continue to be attractive propositions in the next five to 10 years.

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