The reality, Rob, is that
The reality, Rob, is that most ICE engines in small and medium cars are already meeting or very close to meeting 2025 carbon standards. The gasoline engine, in particular, has seen several big changes recently that have pushed it forward. The price reduction targets you're talking about (40%) would NOT put the battery pack on par with an ICE, but it would make it close enough. Then the trouble becomes weight, which is not being reduced here.