Goldman Sachs forecasts a significant decline in battery prices between 2023 and 2025, predicting nearly a 40% drop. This decrease is expected to bring electric vehicles (EVs) to cost parity with internal combustion engine cars in some markets by next year, without the need for subsidies. In a related development, Nissan has announced a price reduction for its 2024 Ariya electric SUV, with discounts ranging from 8-10%. The starting price of the Ariya has been slashed to $39,590, a move that cuts the price by up to $6,000 in an effort to boost demand. This price adjustment is part of an ongoing EV price war and signifies an unprecedented decline in EV prices.
Nissan is lowering prices on the Ariya crossover to boost demand for their second electric model. https://t.co/S17k4Yukoj
Rivian R2 electric SUV leaks, starts at $47,000, up to 330 miles of range https://t.co/Zhq40FBZlu by @fredericlambert
Next up: Nissan. The company is cutting the price of its 2024 Ariya EV by as much as *$6000*. We are in the middle of an unprecedented decline in EV prices. https://t.co/3l1KpWXEB1
Next up: Nissan. The company is cutting the price of its 2024 Ariya EV by as much as *$6000*. We are witnessing an unprecedented decline in EV prices. https://t.co/BbbwMarYhu
Nissan slashes starting price of 2024 Ariya electric SUV to $39,590 https://t.co/1kqOlzUNOH by @EVPeteJohnson
NEWS: Nissan has cut 2024 Ariya EV prices by up to $6,000 to increase demand. Price now starts at $39,590. https://t.co/O4SIqDNmMo
"Nissan joins EV price war, discounts 2024 Ariya 8-10%" https://t.co/LVomhsD3jU
Goldman Sachs expects "a nearly 40% decline in battery prices between 2023 and 2025, and for EVs to reach breakthrough levels in terms of cost parity (without subsidies) with internal combustion engine cars in some markets next year." 😎 https://t.co/NrLTSQDCAo