6000 billion to implement electric vehicles

[izentrop]

According to a Goldman Sachs study cited in Bloomberg, the global transition to a fleet of 100% electric vehicles would cost about 6 000 billion, or nearly 8% of global GDP. These costs would be shared almost equally between the shippers themselves and the necessary reinforcement of the electricity grid. These enormous costs can only be spread over a long period of time, which will inevitably slow down the pace of adoption of EVs.

https://energieetenvironnement.com/2018 ... ectriques/

[moinsdewatt]

Investment of $ 300 billion in EVs in the next 10 years?

https://www.usinenouvelle.com/article/v ... ue.N791164

Major automakers plan to invest a total of 300 billion dollars (260 billion euros) in the development of electric vehicles over the next five to ten years and nearly half of these investments will go to China, shows a analysis of their data by Reuters.