As demand for a product grows and materials become scarce or difficult to acquire, prices rise. Research puts the average price of a new EV at $54,000. Source Share: Previous Post Perseverance Mars rover wind sensor damaged by pebbles, but still operational Next Post The best 4th of July sales 2022: the hottest tech deals from Amazon, Walmart, Best Buy, and more Related Articles Auto Hyundai BEV Wholesale Sales Show No Growth In November 2023 Auto Tesla’s Annual Vehicle Production Capacity Remains Stable At Over 2.3 Million Auto Ford U.S. EV Sales More Than Doubled In April 2024 Auto Toyota U.S. Plug-In Car Sales Almost Doubled In Q1 2024 Auto Podcast: Tesla Megafactory, Audi Q4 e-tron, Toyota/Honda signing their death warrants, Rivian and more Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. six + eight =