Photo Credit:Fair Use [17 U.S.C. § 107] 2026 Nissan LEAF currently considered the most affordable EV in the US market.

Why EVs Are About To Get Cheaper Than Gas Cars

01 Nov 2025 | Abstracted from Forbes

Several factors are converging to potentially make new electric vehicles (EVs) cheaper to purchase than gasoline cars, accelerating their adoption. Key drivers include significant drops in battery material costs, intense global competition, and increasing economies of scale which simplify EV production. This shift means EVs could soon be cheaper upfront and over time due to lower operating expenses, pressuring traditional automakers.

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