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Electric Vehicle Costs Declining Through 2025 — What About After 2025?

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Electric vehicle emissions costs are anticipated to continue to decline through 2025, after which they could stagnate, rise, or fall,

depending on key factors such as the evolution of the power grid, battery technology, and public policy.

Over the next decade of fleet transition, the most important factors are shifting away from nickel-based batteries and tightening standards for emissions. —The study focuses on the PJM power grid region, the largest regional transmission operator in the U.S., which stretches from Chicago to Philadelphia to North Carolina, and serves 65 million people in 13 states and the District of Columbia.

 

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