Cheaper electric vehicles coming despite high battery costs
Headline from Courthouse News Service
Hitting a price around $30,000 and a range per charge close to 300 miles is key to getting mainstream buyers to switch away from gasoline vehicles, industry analysts say.
Courthouse News Service's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Hitting a price around $30,000 and a range per charge close to 300 miles is key to getting mainstream buyers to switch away from gasoline vehicles, industry analysts say.
Auto companies, such as General Motors, are rolling out affordable electric vehicles even though battery costs are rising. The average cost of an electric vehicle is around $65,000.
Until the past few years, electric vehicles were either expensive and aimed at rich buyers or were cheaper but with a heavily restricted travel range. That's beginning to change.
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Cheaper electric vehicles coming despite high battery costs | Since Then