New data shows surprising prediction for Tesla, Ford, and other big-name EV brands: ‘The electric car era is here’
For years, many have predicted an EV revolution, when electric vehicles would officially surpass gasoline-powered cars as the primary means of transportation.
Now, at least in the U.S., there is some kind of EV revolution on the horizon, with prices for electric vehicles projected to match the price of gas-powered cars within a matter of months.
The New York Times reports that a combination of government incentives, increased competition, and falling prices for battery components is causing electric vehicles to continuously decrease in price.
Published July 20, 2023 1:42PM