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by flmlta 2210 days ago
Many consumers believe it's better but can't afford the price of an EV even after incentives.

We don't need more talk, we need better prices. Sub 30k crossovers/hatchbacks is what consumers are buying in droves. These markets aren't exactly flush with EVs or even hybrids.

1 comments

Those people can’t afford new cars. They probably could afford an LPG conversion kit. Such kits are widely available outside the US, and are a good stopgap technology to reduce CO2 emissions between now and when the fleet is 100% electric.
Plenty of people can afford new cars, just not necessarily expensive ones. The average price of a new vehicle in the united states is around 35k, but the average price of an electric vehicle is closer to 50k.

If you want the average person to be buying an EV, the price needs to come down.

It should also be mentioned that loan terms for new vehicles are insane right now which is partially why the average price of new cars is so high - GM is offering 84 month, 0% loans on its trucks - today!