this post was submitted on 13 Oct 2024
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Electric Vehicles

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Price parity is here: new Stellantis crossover is the same price, EV or ICE (electrek.co)
submitted 2 days ago by MyOpinion@lemm.ee to c/evs@lemmy.world
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The newest midsize crossover in Stellantis’ European lineup is available in five or seven-passenger configurations with either mild hybrid ICE or BEV drivetrain configurations – but that’s not the interesting part. The interesting part is this: whether you go with gas or electric, the price you pay remains the same. (!) Price parity, in the context of EVs, basically means that it would cost the same to buy an electric version of a car as an internal combustion version. Whether or not making parity a priority makes sense (and there are plenty who would argue that it doesn’t), there is still a persistent belief that EVs cost more than comparable gas cars.

Well, they did, anyway. The new Vauxhall Frontera is a mid-size crossover set to launch in the UK later this year with a £23,495 price tag (approx. $30,705) for the ICE version … and £23,495 for the BEV.

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[–] pennomi@lemmy.world 7 points 2 days ago (1 children)

Plus battery cost is still dropping rapidly, while the longevity has been increasing. A lot of refinement of the tech has been going on the last 10 years.

[–] FunderPants@lemmy.ca 8 points 2 days ago* (last edited 2 days ago)

CATL is producing a battery with a million mile 15 year, 80% charge warranty that is only a bit less energy dense than current batteries. At 15 years, if your battery is 79.9% Soc, they do a full replacement.

For context, CATL is not some start up making a big promise, they're one of the biggest battery manufacturers in the world and this battery is in production now, headed to EVs in a year or two. This tech ends battery failure anxiety, and will guarantee batteries outlive the useful life of the car.