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Is Buying An Electric Vehicle Becoming More Affordable?

CleanTechnica EVs

Even as electric vehicles grow more popular, many consumers are still holding out for the sticker price to be right. However, with a handful of automakers following Tesla’s price cuts throughout this year as well as federal and state incentives, some note that EVs are quickly approaching general affordability in the U.S.

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Lucid Air: Green Car Reports Best Car To Buy 2022

Green Car Reports

California’s Lucid has raised the bar for electric vehicles in ways that matter for affordability and EV adoption. That’s why the Lucid Air is our Green Car Reports Best Car To Buy 2022. Affordability, as part of a car that starts at $170,000 in its debut Dream Edition guise?

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Carmakers Urged To Stop Prioritising SUVs Over Smaller & More Affordable Electric Cars

CleanTechnica EVs

Carmakers urged to stop prioritising SUVs over smaller and more affordable electric cars People in the UK more likely to buy EVs

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The Number of People Willing to Buy an EV Has Declined Since 2023

The Truth About Cars

Fewer potential car buyers are likely to consider an electric vehicle than they were at this point last year. American car buyers are 14 percent less likely to buy an EV than they were in 2023, down to 34 percent from 48 last year. The consumer needs to be educated.

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Experts discuss the remaining hurdle to EV sales

Teslarati

Experts in the auto industry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. Dave Katarski, the COO of Feldman Automotive Group, observed that people tend to buy EVs when they can afford them. We’re seeing a ton of people flock to them—when they can afford them.

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Why Labor’s new tax cut on electric vehicles won’t help you buy one anytime soon

The Driven EV News

Labor says its electric vehicle tax cuts ar e“good for motorists, good for climate action and good for fleet purchases”. They won’t, however, help most Australians afford one. The post Why Labor’s new tax cut on electric vehicles won’t help you buy one anytime soon appeared first on The Driven.

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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

Volkswagen has honed in on the strategy it will use to increase the adoption of electric vehicles and become a main player in the sector, which has become more competitive over the years. In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core.