Ford CEO Says EV Cost Parity May Not Come Until After 2030
01 Jun 2023 | Abstracted from Reuters
"...for many automakers, EVs will remain more costly than their internal combustion engine counterparts until the second and third generation models go into production later in this decade."Between 2030 and 2035...much of the industry's EV cost savings will come from "dramatically lower labor content" because the vehicles will be simpler to build with fewer parts, and will be fitted with smaller batteries that use cheaper material..."
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