08-25-2017, 01:43 AM
Adoption of electric vehicles is set to accelerate, and that's going to run over a lot of losers, including within the auto industry itself, JPMorgan Cazenove said in a note on Monday. The shift toward electric vehicles is set to be a multi-year process, but once there's a tipping point, likely on a shift in costs, the transition could take off, JPMorgan analysts said. They noted the price difference between traditional internal combustion vehicles (ICVs) and electric vehicles (EVs) was already narrowing as battery prices fall, but prices might not need to fall much for consumers to make the leap.
JPMorgan thinks the electric vehicle revolution will create a lot of losers
Brian Piccioni and team at BCA Research offer a good starting point to our questions on Thursday, in a report entitled Electric Vehicles Part 1: Costs of Ownership. The bad news for EV fans is their work determines that the cost of ownership of an EV still far exceeds that of an internal Combustion Engine Vehicle (ICEV), even after subsidies are accounted for. With numbers crunched, a comparison between the Chevy Bolt EV and two equivalent ICEVs, the Chevy Sonic and the Open Astra, over 100,000 miles, shows that there’s no denying EVs are still more expensive than ICEVs. Three points come up in particular.
Electric vehicle realities | FT Alphaville
Cars must be driven out of cities to tackle the UK’s air pollution crisis, not just replaced with electric vehicles, according to the UK government’s top adviser. Prof Frank Kelly said that while electric vehicles emit no exhaust fumes, they still produce large amounts of tiny pollution particles from brake and tyre dust, for which the government already accepts there is no safe limit. Toxic air causes 40,000 early deaths a year in the UK
Electric cars are not the answer to air pollution, says top UK adviser | Environment | The Guardian