Study: Electric cars have become significantly cheaper since 2020
For their investigation, the researchers evaluated more than 100,000 individual data from an ADAC database.
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Summary
For their investigation, the researchers evaluated more than 100,000 individual data from an ADAC database. Adjusted for inflation, list prices fell by 18 percent between 2020 and 2025, according to a study by the Fraunhofer Institute for Systems and Innovation Research (ISI) and the International Council on Clean Transportation (ICCT), which was available in advance to the dpa. Study: Electric cars have become significantly cheaper since 2020.
Furthermore, If we continue to calculate the current development, electric cars in Europe should cost the same as comparable combustion engines by about 2030, says Plötz. “In terms of the total cost per kilometer, they would then be clearly cheaper.” Experience from other markets showed that at the same prices electric cars would come to around 50 percent market share. And Plötz sees further potential for a price development in favour of electric cars: The lower battery prices have not yet been passed on completely. In order to make a fair comparison possible, average prices of all combustion engines and all electric cars were not simply formed, because the supply of electric cars has expanded in recent years, especially for more expensive vehicles. “The middle price has increased as a result, but they are also completely different vehicles,” says Patrick Plötz, professor at ISI. So you would compare cherries to apples.
In addition, In addition, increasing quantities and the pressure on manufacturers through CO2 limits should also help, he says. If one takes into account inflation, which was sometimes high in recent years, the above-mentioned figures result.
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For their investigation, the researchers evaluated more than 100,000 individual data from an ADAC database.
reliability low1/2 sourcesAdjusted for inflation, list prices fell by 18 percent between 2020 and 2025, according to a study by the Fraunhofer Institute for Systems and Innovation Research (ISI) and the International Council on Clean Transportation (ICCT), which was available in advance to the dpa.
reliability low1/2 sourcesStudy: Electric cars have become significantly cheaper since 2020.
reliability low1/2 sourcesIf we continue to calculate the current development, electric cars in Europe should cost the same as comparable combustion engines by about 2030, says Plötz. “In terms of the total cost per kilometer, they would then be clearly cheaper.” Experience from other markets showed that at the same prices electric cars would come to around 50 percent market share.
reliability low1/2 sourcesAnd Plötz sees further potential for a price development in favour of electric cars: The lower battery prices have not yet been passed on completely.
reliability low1/2 sourcesIn order to make a fair comparison possible, average prices of all combustion engines and all electric cars were not simply formed, because the supply of electric cars has expanded in recent years, especially for more expensive vehicles. “The middle price has increased as a result, but they are also completely different vehicles,” says Patrick Plötz, professor at ISI. So you would compare cherries to apples.
reliability low1/2 sourcesIn addition, increasing quantities and the pressure on manufacturers through CO2 limits should also help, he says.
reliability low1/2 sourcesIf one takes into account inflation, which was sometimes high in recent years, the above-mentioned figures result.
reliability low1/2 sources
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