Electric Vehicles Reach Cost Parity With Gasoline Cars Across Much of Europe

A comprehensive study from the European consumer organization BEUC finds that electric vehicles have reached lifetime cost parity with petrol cars across much of Europe for middle-income buyers, a tipping point advocates have predicted for years. Factors behind the shift include falling battery prices, expanded public charging, rising fuel taxes and manufacturer incentives aimed at hitting EU emissions targets. The finding could accelerate European EV adoption without requiring new subsidies and contrasts sharply with the U.S. market, where Trump-era tariffs and rollbacks of EV tax credits are pushing the two markets in divergent directions.