The One Metric That Matters For Electric Cars

Looking beyond the dramatic headlines—the cliff-hanger nature of Tesla’s financial statements and the Trump administration’s efforts to re-engineer the auto industry—we need to focus on one number that determines when electric vehicles (EVs) will make economic sense. So says a report out of Argonne Laboratories sponsored by the Department of Energy. That number, according to researcher George Crabtree, is the price of the battery (as measured in $ per kwh), which he says has to halve in order to make EVs competitive with…