Full article at:Batteries have been getting smaller and cheaper so much faster than expected that the experts at Bloomberg NEF (BNEF) have had to revise their own projections for electric vehicles every year.
BNEF projected in 2017 that “the crossover point when electric vehicles will be cheaper upfront than a combustion vehicle” would be 2026 (nine years), BNEF energy analyst Nathaniel Bullard tweeted last week.
But things have changed quickly since then and the timeframe has narrowed significantly: in 2018, it was 2024 (six years), and now, in 2019, BNEF projects the crossover point will be 2022 — just three years away.
Achieving parity for upfront, initial cost means that the buying decision for electric vehicles (EVs) is about to become a no-brainer. And that means decarbonizing much of the transportation sector is also becoming a no-brainer.
<snip>
https://thinkprogress.org/electric-vehicles-cheaper-gasoline-cars-e4c86bd2aebe/