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Electric cars cheaper than ICE within 5 years - study

All new cars and trucks sold in the United States could be powered by electricity by 2035, according to a new report from University of California, Berkeley. According to The 2035 Report 2.0, the electrification of transport could save households $1000 each year over the next 30 years, and support more than 2 million jobs. However, such progress hinges on the presence of robust policy reforms. The report, which investigates the factors driving the electrification of cars and trucks, also revealed that electrification could prevent 150,000 premature deaths and avoid $1.3trn environmental and health costs by 2050. Dr Nikit Abhyankar, senior scientist at the University of California, Berkeley Centre for Environmental Public Policy, commented: The case for electric vehicles is stronger than ever before and one of the most exciting findings of this study is the potential for large savings for all households.

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