Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars
Baua Electric
JUNE 7, 2024
Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. 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.
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