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Electric cars will be cheaper to produce than fossil fuel vehicles by 2027

Electric cars will be cheaper to produce than fossil fuel vehicles by 2027

Electric cars will be cheaper to produce than fossil fuel vehicles by 2027
Electric cars and vans will be cheaper to produce than conventional, fossil fuel-powered vehicles by 2027, and tighter emissions regulations could put them in pole position to dominate all new car sales by the middle of the next decade, research has found. By 2026, larger vehicles such as electric sedans and SUVs will be as cheap to produce as petrol and diesel models, according to forecasts from BloombergNEF, with small cars reaching the threshold the following year. Electric vehicles reaching price parity with the internal combustion engine is seen as a key milestone in the world’s transition from burning fossil fuels. The falling cost of producing batteries for electric vehicles, combined with dedicated production lines in carmarkers’ plants, will make them cheaper to buy, on average, within the next six years than conventional cars, even before any government subsidies, BloombergNEF found. Reduced cost is seen as critical to make electric vehicles more attractive to consumers, especially when combined with increased range.

Sustainability Spotlight: Tony’s Coffee

Sustainability Spotlight: Tony’s Coffee

How did sustainability start for Tony’s? Our sustainability journey can be traced back to 2002, when we began sourcing Organic, Fair Trade, Shade Grown coffee. Since then, we moved to 100% green power, doubled our roasting efficiency, offset our roastery’s carbon footprint, and continue to support causes that we care about. Our commitment to sourcing…

Sustainability Spotlight: Aslan Brewing Company

Sustainability Spotlight: Aslan Brewing Company

Aslan Brewing Company, a member of Sustainable Connections, is based in Bellingham, WA and was founded in 2012. From the beginning, every decision the Aslan founders made was through the lens of sustainability. When Aslan opened its brewpub doors in May of 2014, team members focused on crafting world-class beer with local ingredients and low-impact…

Sustainability Spotlight: Brio Laundry and Cleaners

Sustainability Spotlight: Brio Laundry and Cleaners

Buckminster Fuller once said, “In order to change an existing paradigm you do not struggle to try and change the problematic model. You create a new model and make the old one obsolete. That, in essence, is the higher service to which we are all being called.” Colleen Unema combined her educator mindset with a…

California testing solar-paneled canals

California testing solar-paneled canals

The Turlock Irrigation District approved a pilot project testing the construction of solar panels over canals in the San Joaquin Valley. Key takeaways: The decision was based on research demonstrating that covering the 4,000 miles of California’s water canals with solar panels could reduce evaporation by as much as 82%, saving up to 63 billion…

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