As soon as a few years from now, electric sedans will cost the same as an equivalent gas vehicle. A team at Carnegie Mellon University is researching how long it will take for other types of electric vehicles to catch up.
A team of researchers at Carnegie Mellon University, led by Venkat Viswanathan, developed a model to track the cost of components of electric vehicle batteries to understand the total cost and predict changes. "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," writes Dan Gerino. Gerino reports that this equivalent cost (a $100 per kilowatt-hour battery price) could come as soon as 2023 and certainly by 2025. As of 2019, the kilowatt-hour battery price was as low as $156 as compared to over $1,000 kilowatt-hour battery price in the early 2010s.
"Viswanathan said cost parity will arrive first for small sedans that now sell for $30,000 or less. It will take longer for automakers to develop electric trucks and SUVs that cost about the same as similar gasoline models," reports Gerino. Given the extra towing power of SUVs, batteries made for larger vehicles amount to greater costs. The future addition of new electric SUV models should transform the market in which EVs account for only 2% of new vehicles sold.
FULL STORY: Inside Clean Energy: How Soon Will An EV Cost the Same as a Gasoline Vehicle? Sooner Than You Think.
When ‘Zero Emission Vehicles’ Aren’t
The growing popularity of large, heavy SUVS—and the energy needed to produce and operate them—could limit the environmental gains made by electric vehicles.
Dramatic Decline in New EV Models to Qualify for Federal Tax Credit
The Treasury Department released long-awaited rules required by the historic Inflation Reduction Action on March 31 that will determine which electric vehicle models purchased after April 17 will qualify for a federal credit up to $7,500.
American Jobs to Build Electric Vehicles Excludes Miners
Mining jobs needed to produce the metals for processing into battery parts used to build electric vehicles in America will not be developed in the U.S. but in Australia, Brazil and Canada, mainly to avoid battles with environmentalists.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service