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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years. According to the latest Kelley Blue Book data , average transaction prices for a new EV were down 9% in the first quarter compared to Q1 2023. Are you ready to drive off in a new electric car?

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. Including suppliers, dealers, service centers, etc., Electric vehicles require new or re-tooled factories , each requiring thousands of employees. there are more than 7.25

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