Electric Vehicle Pricing

  • Since about 2021-Q4, prices for electrified vehicles significantly outpaced their internal combustion counterparts, largely owing to battery material prices.
  • These vehicles are “on average about $15-20K higher than their internal combustion counterparts.
  • This is probably the opposite of what one expects to see for a new technology – but TCO considerations still drive most purchase decisions.
  • Source.
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