EVs Take Affordability Crown From Hybrids
Mobility Global said average EV prices fell 9% since 2020 as battery costs dropped 37%, while hybrid prices rose to $55,204.
5 Articles
5 Articles
I have been reviewing the data from the global automotive market that Nikkei Asia has just published and the conclusion is devastating: for the first time in history, the global average price of a pure electric vehicle has fallen below that of a hybrid.The gap is no longer anecdotal; it is trending, and points directly to the commercial offensive of Chinese manufacturers.What seemed to be a temporary anomaly during the pandemic has become the ne…
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