Americans are paying $54,000 on average for an electric vehicle. A year ago, they were paying closer to $44,000. - Yahoo! Voices

6/27/2022 12:00:00 AM2 years 10 months ago
by Stephen Jones

The soaring cost of EVs is outstripping non-electric vehicles, likely forcing motorists to think twice before ditching fossil fuels.

The cost of raw materials needed to make EV batteries have jumped by 140% since March 2020, according to data from Alix Partners.picture alliance / Contributor