Electric vehicles close to ‘tipping point’ of mass adoption

Wed, 27 Jan 2021 05:49:56 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.theguardian.com/environment/2021/jan/22/electric-vehicles-close-to-tipping-point-of-mass-adoption>

"Electric vehicles are close to the “tipping point” of rapid mass
adoption thanks to the plummeting cost of batteries, experts say.

Global sales rose 43% in 2020, but even faster growth is anticipated
when continuing falls in battery prices bring the price of electric cars
dipping below that of equivalent petrol and diesel models, even without
subsidies. The latest analyses forecast that to happen some time between
2023 and 2025.

The tipping point has already been passed in Norway, where tax breaks
mean electric cars are cheaper. The market share of battery-powered cars
soared to 54% in 2020 in the Nordic country, compared with less than 5%
in most European nations."

Via Glyn Moody, who wrote "excellent - I look forward to it…"

Share and enjoy,
                *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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