Battery capacity price in China is already below $100 per kwh.
EVs are simpler to engineer, have lesser parts, and supply chains for them are shorter.
At $5000-6000 per battery pack, the rest of the car will cost around $3000-4000 if you use super duper cheap Chinese steel.
More importantly, switch to electric will facilitate further physical downsizing of cars, and this will further increase the battery/payload mass ratio: EVs don't have to have engine compartment, nor structural tricks to contain heavy wobbly engine block, nor a need to provide a lot of rigidity for heavy mechanical components. A car with less "dead volumes" will of course be cheaper.
This way you may be getting 300km electric ranges even in reasonably cheap EVs in the future.
Battery capacity price in China is already below $100 per kwh.
EVs are simpler to engineer, have lesser parts, and supply chains for them are shorter.
At $5000-6000 per battery pack, the rest of the car will cost around $3000-4000 if you use super duper cheap Chinese steel.
More importantly, switch to electric will facilitate further physical downsizing of cars, and this will further increase the battery/payload mass ratio: EVs don't have to have engine compartment, nor structural tricks to contain heavy wobbly engine block, nor a need to provide a lot of rigidity for heavy mechanical components. A car with less "dead volumes" will of course be cheaper.
This way you may be getting 300km electric ranges even in reasonably cheap EVs in the future.