Racing team boss sees EVs reaching cost parity with ICE by 2025-26 | Autoblog

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Racing team boss sees EVs reaching cost parity with ICE by 2025-26 | Autoblog
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Racing team boss sees EVs reaching cost parity with ICE by 2025-26

Racing forecast on Tuesday, a step expected to accelerate the industry's transition to cleaner, greener vehicles.

"In 2025-2026 ... you'll start to see parity on the supply side, in developed countries," Filippi said during an interview at the Reuters IMPACT climate conference on Tuesday, adding sticker price parity meant the total"That's the tipping point. When that happens and we can manufacture these cars at scale, then the floodgates will open," Filippi said.

Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, according to a study released earlier this year by consultant AlixPartners.

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