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Why Are There No Cheap EVs?

05 Dec 2022 | Abstracted from Rapid City Journal

"The average price of a new EV is $64,249, while a new gas car is $48,281...enormous difference reflects the market reality that most available EV models are still higher-end cars.

"A stampede of new foreign and domestic EVs is coming in 2023...Manufacturers across the globe are now fully committed to the EV revolution...no turning back...The sticker price is not the real cost."



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