'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

'A clear step change': European EV sales jump by over 50 per cent in March

'A clear step change': European EV sales jump by over 50 per cent in March

Over 224,000 battery EVs registered last month, as businesses and consumers respond to soaring oil prices

James Murray
clock 20 April 2026 • 3 min read
Study:  Switch to EVs could save Colombia $40bn in fuel import costs

Study: Switch to EVs could save Colombia $40bn in fuel import costs

Carbon Tracker analysis released ahead of key climate summit underscores how developing economies stand to benefit from accelerated clean tech roll out

James Murray
clock 20 April 2026 • 3 min read
'Another barrier to EV adoption just fell': New data shows average EV now cheaper than petrol models

'Another barrier to EV adoption just fell': New data shows average EV now cheaper than petrol models

AutoTrader confirms average prices for new electric cars advertised on online car marketplace are now almost £800 lower than the average price for petrol models

Michael Holder
clock 17 April 2026 • 5 min read