To be completely fair, EVs typically cost more upfront than gasoline cars. Kelley Blue Book published data sourced from its parent company, Cox Automotive, stating that the average price of EVs is $53,469 compared to $48,334 for gas-powered vehicles in the last quarter of 2023. But you should know that the price of EVs has been falling steadily. For example, between August 2022 and August 2023, the average EV price dropped by a whopping 18.7% (largely due to…
Comments are closed