AUTONEWS

Consulting concluded that the total cost of using electric trains will equal that of diesel in 2022
The Deloite report concludes that acquiring and using an electric vehicle should be equivalent to a vehicle with a combustion engine, gasoline or diesel, in 2022, that is to say the total cost of ownership (TCO), which includes the acquisition, maintenance and fuel. The study (which you can see here) is relative to the UK market but can easily be applied to the Portuguese market if we take into account the lower taxes on motor vehicles in that market and the greater support for the purchase of electric, which amounted to around 3,500 pounds, or € 3,993, substantially more than the € 2,250 paid in Portugal and only the first 1,000 applicants for support.
Deloitte begins by announcing that the political will and the legislation adopted are decisive for the result achieved, especially considering future consumption and emissions targets, access to certain cities or their centers, and incentives for acquisition.
The well-known audit and consultancy firm also analyzes in a particularly detailed report drivers' concerns about electric vehicles, particularly as regards the cost of purchasing (as they are still more expensive than petrol or diesel competitors), less autonomy and limitations on the number of load stations and time required to recharge the batteries. On the other hand, Deloitte anticipates that demand will increase, mainly due to the expected progress of the batteries, reducing the anxiety of users of this type of models.
But at the heart of the report is the TCO issue, with Deloitte predicting only a slight increase over the years for vehicles equipped with combustion engines, diesel or petrol, to also anticipate a sharp drop in costs over the next few years, for those who choose models exclusively powered by battery. With or without the British Government's £ 3,500 incentive.Analysts further agree that, after having sold about 2 million electric vehicles in 2018, this figure should double to 4 million in 2020 and 12 million in 2025, by 2030 the world market will consume 21 million EV, the majority should be absorbed by the Chinese market.