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As a result, BCG concludes, the electriccar faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020. Source: BCG.
The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fueltax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4
The idea that a wholesale switch to electriccars would automatically reduce CO2 emissions and dependence on oil is one of a number of myths dispelled by a major new report conducted on behalf of the Environmental Transport Association (ETA). CO2 emissions. On-board metering of electricity use would be a key requirement.
The UK Energy Research Centre has launched an extensive review of policies that could significantly reduce CO2 emissions and finds that in addition to promoting electriccars policies must play a big role in helping drivers leave their cars at home. What do you make of these suggestions?
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