More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
i had the same thought and i'm also thinking that i'm going to keep my 15 year old car until it dies in the hopes that i can get those brand new $10k ev's that people outside the united states can get right now.
Stuff like this is starting to make its way into automotive youtubers feeds now. I just saw one where he picked up a Model S P85D for like $10k or something crazy because it was "insurance totaled". The issue was they'd let the battery die in the lot and some idiots didn't think to charge it.
But think about the american car makers that produce a lot of their stuff abroad anyways! Who's going to stuff their pockets?? God forbid you get cheap chinese EVs!
Recently, Mr. Lawrence said, customers have been snapping up used Teslas for a little over $20,000, after applying a $4,000 federal tax credit.
3rd sentence?
I'll share the rest because the paywall:
Carmakers including Tesla, Ford, General Motors and Stellantis, the owner of Jeep, have announced plans for electric vehicles that would sell new for as little as $25,000.
More than half of the used electric vehicles on the market sell for less than $30,000, according to Recurrent, a research firm that focuses on the used E.V. market.