Timeline For Electric Vehicle Revolution (via Lower Battery Prices, Supercharging, Lower Battery Prices)

Everyone knows that electric vehicles (EVs) are going to replace internal combustion engine vehicles (ICEVs) in the long run. Many of us are excited about this key transition away from fossil fuels and hope that it comes sooner rather than later, yet are not sure exactly when the big breakthroughs in market share are going to happen. It is often stated that at battery prices of $100/kWh, EVs will successfully compete with ICEVs, but mainstream predictions about how and when this happens vary widely. In this in-depth article, we are going to look in more detail at the figures relevant to different vehicle segments, estimate the most probable timeline for feature and price parity in these segments, and offer a counterpoint to the more conservative timelines that we see from both incumbents (OPEC) and progressives (BNEF) alike. We know the EV disruption is real, since it is already well underway in the premium sedan segment.

What Changed In The Electric Vehicle Market In November?

As part of our new “What Changed … ?” series, here’s a rundown of what changed in November in the EV market. Since this is a new series, I’ll reiterate what I wrote in the solar update (changing a few words): “To further clarify, this article doesn’t include interesting op-eds about solar and it doesn’t include news that we thought was worth covering but wasn’t really a change in the industry (like specific projects or reports — well, for the most part). It covers significant shifts, trends, and new opportunities in the solar market.”

Also, this update excludes battery stories since I covered EV batteries this month in “What Changed In The EV Battery Market In November?“