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

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 AG20,900.00 HUF0.00
BorgWarner Inc35.51 USD3.23
Ford Motor Co6.10 USD4.45
General Motors Co24.39 USD4.14
Tesla Inc1,544.65 USD10.78

About Author

Lex Hall

Lex Hall  is an editor at Morningstar Australia.

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