Why are electric cars so expensive?



2020-05-18T15:13:07.844Z
2020-05-20T11:47:07.769Z

Why do electric vehicles (EVs) cost more money than normal cars and what makes them so expensive?

Electric cars can be as much as twice the price of regular cars - in the US and Canada, the top-selling Tesla Model 3 is 21% more expensive than the average petrol-powered vehicle. This is partly because in general electric cars don't sell in the same volume as conventional cars, but also because of the cost of producing and supplying the raw materials for the battery. The bigger the battery, the higher the price tag. The trend is definitely for the cost of electric cars to come down.

Sources

[Motoring Research] (https://www.motoringresearch.com/car-news/electric-cars-twice-expensive-buy-normal-ones/) [Erneuerbar Mobil] (https://www.erneuerbar-mobil.de/en/node/985)

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