'Tipping point': Electric vehicle ownership costs to undercut petrol and diesel cars from 2022

James Murray
clock • 8 min read

Deloitte predicts demand for plug-in vehicles is set to soar over the coming decade, as costs fall and barriers to adoption come down, but can the auto industry navigate a challenging transition?

Electric vehicles are set to get cheaper - a lot cheaper. On the same day as What Car? named the Kia e-Niro as its Car of Year, hailing it as "the first sensibly priced electric car that can fit into...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Uber and Lyft eye electric 'robotaxi' trials on UK roads in 2026

Uber and Lyft eye electric 'robotaxi' trials on UK roads in 2026

Rival ride hailing apps both announce partnerships with China's Baidu to trial fully electric, self-driving vehicles in London next year, subject to regulatory approval

Michael Holder
clock 23 December 2025 • 3 min read
'Our approach is working': UK car industry expected to meet EV sales target in 2025

'Our approach is working': UK car industry expected to meet EV sales target in 2025

Industry on course to hit the regulatory target for 28 per cent of UK car sales to be electric in 2025, ECIU analysis suggests

Michael Holder
clock 22 December 2025 • 7 min read
EU unveils plan to dilute ban on sale of petrol and diesel cars

EU unveils plan to dilute ban on sale of petrol and diesel cars

New package would drop planned ban, requiring manufacturers to instead cut tailpipe emissions 90 per cent by 2035 while ramping up investment in clean technologies

James Murray
clock 17 December 2025 • 5 min read