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2021 is projected to be a big year for EVs, but I believe that's a bit optimistic. I'll predict 2027 to be the crossover point, if not later. I mean, for this projection to be correct, the EVs in development now need to be substantially less expensive than their predecessor, and that ignores the fact that current EVs carry practically no profit margin. If manufacturers actually want profit, that will cause prices to be more sticky.
Heck, the Chevy Bolt isn't even slated for a new model until 2022, Nissan is only 1 year into the new model, Tesla... is on the Tesla timeframe, and the others are compliance cars. Vehicles generally sell for 5-6 years before getting a major overhaul, and they lag current tech by a similar number of years. In other words, if a major breakthrough in battery tech happened now, we can expect a vehicle to have it in 5 years at the earliest.
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