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Electric cars, cheaper than gasoline and diesel since 2024

Electric cars will begin to be competitive within eight years, according to a study carried out by the European Consumers Organization (BEUC), in which a comparison is established with traditional gasoline and diesel cars.

According to the report, the electric car will be cheaper than these in global terms. In other words, as of 2024, the total cost of it throughout its useful life will be less.

You may also be interested in: Is it worth the investment in an electric car?
Index
  1. The electric car will pay off
  2. Cheaper electricity
  3. The evolution of the conventional car
  4. New technologies

The electric car will pay off

The report provides interesting details , which we are going to review briefly. His starting point is the million dollar question: “Is it really worth shooting with electricity?” Such was the question that BEUC raised, and the question involved an analysis and, finally, a conclusion that is illuminating.

Specifically, it was concluded that the average total cost of use (depreciation and use, including direct and indirect costs) of an electric vehicle will be lower than that of a conventional vehicle from 2024, throughout its useful life.

The report assesses in detail the money it costs to maintain a car of one type or another. If we consider that a car has a useful life of about 16 years, the electric one purchased after 2020 will cost 51,907 euros, while a gasoline one will exceed this figure, with 57,939 euros, as well as the cost of diesel, estimated at 53,730. euros.

To this we must add between 600 and 1,000 euros in the case of the electric car, if we want to have an electric charging station, although it is not essential. The total amount, even adding this amount, is still below.

These calculations today would not allow the electric car to pay off, but the report takes into account a small big difference . It is, as is easy to guess, a technological change that will cause the prices of electric cars to fall between 2020 and 2030.

Therefore, only if these improvements reach the market can this forecast be fulfilled. On the other hand, the price of electric cars is also expected to fall, without considering the rest of the associated expenses mentioned above.

Cheaper electricity

Putting to play with futuribles , to this we must also add the importance of contextualizing the electric car in a world that is moving towards the energy transition. Without going any further, the community environment plans to lower the cost of electricity, as well as promote self-consumption, goals that will begin to apply shortly, coinciding with this period of time as a period of action.

In this case, the European Commission has presented a package of legislative measures that include a myriad of actions that seek to achieve the progress to which the EU has committed itself in the Paris Agreement, in force for a few weeks.

On the other hand, the association also considered the case of hydrogen cars in its report, concluding that the total cost of ownership would drop significantly by 2030 , coinciding with a second generation of this type of vehicle.

It will not be enough, however, to be cheaper than conventional models and, even less, compared to electric cars . That, if we do not attend discoveries or news that we do not know right now, perhaps because they have not been made public or because they simply still need the light bulb to be turned on here or there.

The evolution of the conventional car

Along the same lines, it should be remembered that traditional cars do not stop looking for ways to improve efficiency and reduce polluting emissions, especially harmful when they come from direct injection engines, whether diesel or gasoline.

In addition to the novelties that will come in ecological cars such as hydrogen or electric cars, therefore, an evolution is also expected in terms of efficiency and less pollution in conventional cars.

Fossil fuel-powered vehicles still have a lot to say in the coming years. They resist dying, proposing much more efficient solutions at an environmental and also economic level. It is estimated that in 2025 they will save 500 euros compared to 2015.

Perhaps the BEUC predictions leave more than one fringe loose, as there are inevitably many unpredictable factors. Which does not mean, logically, that except for bulk errors or exceptions, the lines run as expected.

New technologies

Another weak point of the report could be the assumption that there will be policies to invest in new technologies and in charging points or other infrastructure necessary for alternatives to conventional cars to become desirable for citizens.

While cost is an important factor, comfort of use also plays an important role. Therefore, a significant investment by manufacturers in research, development and commercialization of new technologies will be required .

In turn, cities and the road network in general should provide charging stations for these cars that would run on electricity or hydrogen, for example. Without forgetting, of course, the possible tax advantages that are established to promote greener cars, in addition to the much-needed subsidies and reduction of traffic taxes, among other incentives that encourage the purchase of cheaper vehicles that, above all, do not go out. expensive to the environment.

Interestingly, the study says that will not be necessary that governments are used thoroughly, because basically it is sufficient to reduce taxes of circulation . Are they right or are they over-tuned? Just giving time to time will give us the best answer.

If you want to read more articles similar to Electric cars, cheaper than gasoline and diesel since 2024 , we recommend that you enter our Sustainability and sustainable development category .

Hello, I am a blogger specialized in environmental, health and scientific dissemination issues in general. The best way to define myself as a blogger is by reading my texts, so I encourage you to do so. Above all, if you are interested in staying up to date and reflecting on these issues, both on a practical and informative level.

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