Electric cars and plug-in hybrids will be “substantially” less expensive within five to six years, a world expert has predicted. The forecast was made by Dr Otmar Scharrer, director R&D and E-mobility at global technology giant ZF. That will come as music to the ears of consumers who currently baulk at the high, albeit subsidised, prices for an electric car compared with conventional models. Meantime, Dr Scharrer spoke of dramatic changes afoot as the major global economies set lower targets for emissions. Dr Scharrer stressed that despite declining volumes, diesel and petrols have a role to play for some time.

Source: Irish Independent November 25, 2020 02:34 UTC