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26 Apr
18:20

Europe, North America to catch up on China EV price parity soon: IEA

The International Energy Agency (IEA) forecast on Wednesday price parity between internal combustion engines and smaller electric cars will be reached in the mid-2020s in Europe and the US, Kallanish reports. Timur Gül, head of energy technology policy at IEA, told a press conference that price parity is a complex discussion, and not only a matter of cost. Branding, competitive positioning will also play a big role in carmakers’ pricing strategies, he …
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