💰 Electric Vehicles Could Match Gasoline Cars on Price This Year / Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.

TL;DR

Send any friend a storyMore quickly than seemed possible a few months ago, sticker prices for electric vehicles are falling closer to the point where they could soon be on a par with gasoline cars. The tipping point when electric vehicles become as cheap as or cheaper than cars with internal combustion engines could arrive this year for some mass market models and is already the case for some luxury vehicles. Interest in the approach developed by Matthews has soared since President Biden signed the Inflation Reduction Act

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