Volvo CEO Jim Rawan predicted that the value of electric cars is equal in prices with its fuel -running counterparts by 2025, after some variables that will flip the table and make the dominance of clean energy cars within three years from now.
In an interview conveyed by Autonews, Rawan said: “We believe that we will reach equal prices by 2025, as there will be enough technology that reduces the cost of the battery, the technology will increase the battery range, lower, but larger batteries, and at a lower cost ».
Rawan also went to the point that companies should not depend on government subsidies to achieve success, they must find a way to produce electric vehicles that people want and can afford their cost.
Rowan also referred to the City Car Carr Carmo that Volvo will be unveiled in 2023, and small electric vehicles should help Volvo to sell in larger quantities and reduce prices, which will contribute to achieving the Swedish company’s strategy owned by Chinese jelly in the full shift towards cars Electrical soon.
At the same time, it seems that Volvo will not leave any chance in the market, as its CEO confirmed that his company is in the process of taking advantage of the American inflation law to obtain tax credit worth $ 7,500, and he said: “We will benefit from this law when we bring in the smaller multi -use sports cars almost”.
It is noteworthy that electric cars in the past months have witnessed a large public turnout that caused their prices to rise strongly instead of the opposite, after fuel crises and chips that disrupted the growth of fuel cars, however, Volvo estimates through its CEO that the prices will decrease little by little over time even if it continues to increase.
The demand, and part of this is due to the promotional government policies and the tremendous development in infrastructure in various countries of the world..
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