Oil Needs to Fall Below $20 to Compete With Green Alternatives

Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by Brakenshire on Monday August 05, 2019 @08:52AM (#20613746)

It’s looking at the cost of EVs over a 25 year time period, so I presume for a new vehicle which is bought in 2045. EVs are expensive now because of battery costs, but battery costs have consistently fallen by 20-30% over the last ten years, and the trend is expected to continue.

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Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by siffland on Monday August 05, 2019 @11:18AM (#20614855)

It would be nice to see the long term expected prices of EV's vs gasoline powered vehicles. Currently you can buy a cheap gasoline vehicle and years of gas for the cost of an equvilent EV.

Also i read all this gloom and doom about lithum reserves and how long they will last and how sustainable it is to the point i dont know what to believe. So are the batteries going to get more expensive as countries with lithium reserves realize what they have and start charging more?

I wish i could afford an EV or a hybrid, but they are out of my price range.

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Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by kartickv on Monday August 05, 2019 @09:23PM (#20621155)

Thanks, but if it's over a 25-year time period, shouldn't we consider the price of an EV bought at the beginning of the time period, not the end?

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