The newest midsize crossover in Stellantis’ European lineup is available in five or seven-passenger configurations with either mild hybrid ICE or BEV drivetrain configurations – but that’s not the interesting part. The interesting part is this: whether you go with gas or electric, the price you pay remains the same. (!) Price parity, in the context of EVs, basically means that it would cost the same to buy an electric version of a car as an internal combustion version. Whether or not making parity a priority makes sense (and there are plenty who would argue that it doesn’t), there is still a persistent belief that EVs cost more than comparable gas cars.
Well, they did, anyway. The new Vauxhall Frontera is a mid-size crossover set to launch in the UK later this year with a £23,495 price tag (approx. $30,705) for the ICE version … and £23,495 for the BEV.
The price parity only due to regulations requiring minimum percentage of new cars to be zero or low emission.
Which means nothing to a customer looking for a BEV.
Sure, but the article is claiming EV’s are now as cheap as ICE, which isn’t the case. The price parity is a result of subsidies and mandates. In Calif. we reached price “parity” a long time ago.
More likely its because Stellantis is doing terribly financially and has to find some hook to get cars out the door.