Forcast on EV growth in NZ

[PeterW]

http://www.meridianenergy.co.nz/NR/...016-8712-35918120F7E2/24921/Summaryreport.pdf


Impossible to predict with any accuracy, lets hope they are in the right ball park:smile:

 

[PeterW]

Hyder‘s economic model considers the potential impact of EVs over a 50 year time span. The analysis is critically underpinned by a forecast decrease in EV prices relative to those of ICVs. This decrease is almost entirely based on international forecasts of significant reductions in battery prices over the analysis period due to technological improvements.
Once EV prices drop below ICV prices, Hyder‘s modelling shows considerable private net benefit from purchasing EVs. As such, there is a strong forecast demand for EVs over the long-term, which will stabilise at around 65% of fleet entrants.

The study shows that EVs have strong private benefits, largely from the reduced operating costs compared to ICVs. In fact, the private benefits are expected to be high enough so that the demand for EVs will likely exceed the available supply in New Zealand. Production constraintsand strong overseas incentives to encourage EV uptake mean that demand is likely to exceed the available supply in New Zealand until around 2030.

That is an interesting concept, demand for EV's greater than supply. Someone should tell the major car manufacturers