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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bonefish who wrote (1478645)	8/17/2024 7:25:10 PM
From: Wharf Rat	3 Recommendations Recommended By Doren pocotrader rdkflorida2 Read Replies (1) \| Respond to of 1579790

"And Bidenflation nearly doubled the projected price of an EV." Really? Is that what they're saying on Uranus? price evs compared to 2020 - Google Search AI Overview In January 2020, the average price of an electric vehicle (EV) was $54,668, which was 42% higher than the average price of all cars. In 2023, the average price of a new EV was $53,376, which is about 10% higher than the average price of a new car. However, prices have been dropping in recent years, with some saying that EVs are becoming more affordable. In September 2023, the average price of a new EV dropped by $14,300 compared to the previous year. According to Recurrent, used EVs in the $20,000–$25,000 range are also stabilizing, and prices may continue to drop for older models. Some reasons for the price drop include: Increased competition Lower raw material costs More efficient manufacturing Federal tax credits State incentives EV sales plateauing Dealers cutting prices