Electric Vehicle Costs Declining Through 2025 — What About After 2025?

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Electric vehicle emissions costs are anticipated to continue to decline through 2025, after which they could stagnate, rise, or fall, depending on key factors such as the evolution of the power grid, battery technology, and public policy.

A new Carnegie Mellon study finds that the climate change and human health costs of owning and operating a plug-in electric vehicle in coal-heavy regions of the eastern United States have dropped dramatically as coal-fired power plants that supply electricity to charge electric vehicles have been displaced by natural gas. This shift has made electric and gasoline vehicle lifetime emissions costs comparable, but the study illustrates that where they go from here will depend on a few key factors.

“People often think that growing wind and solar power are making electric vehicle charging cleaner,” says engineering and public policyOpens in new window