EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries

EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries

One of the biggest hurdles to electric car proliferation is the cost. According to Cox Automotive new EVs are selling on average about $5,000 more than gas-powered vehicles — $53,469 vs. $48,334. While government incentives can negate some of that gap, and electric cars don’t need pricy gasoline or as much maintenance to drive around, …

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