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EVs expected to cost as much as regular cars to make within 4 years
A new study suggests that we may reach price parity between electric vehicles and their combustion counterparts a little sooner than we first thought.
As it stands, the consensus is that EVs and regular cars will reach price parity within the next decade. This is expected to happen when batteries cost $100 per/kWh, after that, EVs could become cheaper than their combustion counterparts.
According to the study, from investment bank UBS, we should expect the price per kWh of making battery packs to reach this level by 2022, The Guardian reports.
When this happens, UBS says the extra cost of making EVs compared to their fossil fuel equivalents will decrease to $1,900 (£1,470) per car. By 2024, it expects the additional manufacturing costs to have completely vanished.
[Read: What audience intelligence data tells us about the 2020 US presidential election]
UBS analyst, Tim Bush, said that after 2025, there’s not really going to be any reason not to buy an electric vehicle.
In most European nations, electric vehicles are becoming increasing popular thanks to generous government subsidies. At present, these subsidies tend to cover most of the difference between an EV and comparable combustion versions.
The Guardian used a good example comparing the VW Golf to the new ID.3, which is largely recognized as what will become the electric car of the people, in the same way the Golf — and the Beetle before it — were their generation’s “cars of the people.”
The regular Golf costs about £20,000 ($26,000), the ID.3 on the other hand costs just shy of £30,000 ($39,000). At the moment, EV subsidies in the UK would bring the ID.3’s price down by £3,500 ($4,500).
However, as the world accelerates towards electric cars, this price difference is now expected to shrink in the not too distant future.
UBS expects electric vehicles to account for 40% of global car sales by 2030.
By that time, EVs could even be cheaper than their gasoline counterparts. When you also consider that no matter what, they’re always the better environmental option, it really does beg the question of why would you not buy an electric car?

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Published October 26, 2020 — 13:44 UTC
Tech
Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699
When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.
With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!
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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.
This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.
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You can snag the black version for $20 using the same code—no coupon though, sorry.
Don’t sleep on this deal! Who knows how long stock or the coupon code will last?
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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code


Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F
It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.
That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.
Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.
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Grab this offer while it’s still around!
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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum


Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy
Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy
Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.
You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.
It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!
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