Harnessing the electric car revolution

In just five years’ time, electric cars will compete with conventional cars on both price and performance

Lex Hall 16 October, 2019 | 1:51AM
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BMW electric car

That electric car that silently cruised by you in the traffic this morning may still be a relatively novel sight on suburban roads but over the coming decade the wider automotive landscape is set for change.

In just five years’ time, battery-operated electric cars will compete with conventional cars on both price and performance. Fears over limited driving range and onerous charging times will diminish, and the electric vehicle – or EV – will no longer be seen as a cleaner but inferior rival to the internal combustion engine (ICE).

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bayerische Motoren Werke AG33,075.00 HUF0.00
BorgWarner Inc49.52 USD-3.62Rating
Ford Motor Co14.83 USD-1.26Rating
General Motors Co60.29 USD-2.38Rating
Tesla Inc618.26 USD2.21Rating

About Author

Lex Hall

Lex Hall  is an editor at Morningstar Australia.

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