UBS Study on Make-Up of an Electric Vehicle
UBS state that they are more convinced than ever that electric cars are about to reach the tipping point in the penetration curve in the next few years. This new generation of electric cars has far-reaching implications for the global autos industry, but also for many other sectors, such as capital goods, chemicals, mining, technology, and energy.
Quoting UBS ''The only way to better understand these implications was to tear down the first vehicle of its kind, piece by piece. So, that is what we did. Wey tore down the Chevrolet Bolt, which they consider the world's first real mass-segment electricvehicle (EV). The Bolt combines a $37k price tag ($30k including US government subsidies) with an EPA-estimated range of 238 miles on a single charge, which surpasses competitors by at least 30% in this price segment. Moreover, the Bolt has a price tag and range similar to the upcoming Tesla Model 3, which is Tesla's long-awaited entry into the mass market ''
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