Marketplace Tech With Molly Wood
By 2030, EVs could cost the same as their gas guzzling siblings
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:04:26
- More information
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Synopsis
In the U.S., battery electric and plug-in hybrid cars have been more expensive than their gasoline-powered counterparts, costing about $8,000 more on average. Experts say EVs are poised to achieve price parity with internal-combustion engine vehicles in just a few years though, because the single costliest part of an EV — the battery that powers it — is getting cheaper.