Saturday, January 28, 2023

The “boom” of electric cars in the US: how much do they cost?

The use of electric cars is gaining more and more power every day in the world, but especially in the North American market and the automotive industry itself is engaged in producing more and more to reduce its cost, which is very high due to less availability. Happening. ,

Despite the increase in gasoline prices, cars powered by this fuel are much more affordable than electric models.

Currently, in the United States, new vehicles arrive average prices More than US$65,000, according to data revealed last November by Kelley Blue Book. Meanwhile, gasoline cars cost an average of about 48 thousand dollars.

The launch of the Chevrolet Equinox SUV EV is expected this year, which should be around $30,000. Companies such as GM and BMW expect at least 50% of their new vehicle sales to be electric within the next five years.

For the Tesla range launched in 2022, prices range from $44,990 to $129,990. Elon Musk Company’s Model 3 is the cheapest of this brand, which is the best selling electric vehicle in the world.

According to Genevieve Cullen, president of the Electric Drive Transportation Association, “People buy electric cars for a variety of reasons, so they’re not entirely dependent on gasoline prices, but it’s definitely driving it.”

Electric Cars in the United States, California in the Lead

It is estimated that about 468,000 new electric vehicles were sold across the United States last year, with California being the state with the largest demand.

In addition to price, the industry is concerned about autonomy and charging availability, as one of the production bottlenecks is batteries, which are governed by the law of supply and demand.

Most electric vehicle batteries can last anywhere from 10 to 20 years before needing to be replaced, although buyers have raised concerns about the potential costs associated with replacement.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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