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Affordable Electric Vehicles Still a Distant Dream, Despite Achieving Price Parity with ICEs by 2026

2024 Chevrolet Silverado EV
Ford sees price parity by 2026. GM predicts affordability sometime around 2030, or later. Despite optimistic predictions from top industry executives, the affordability of electric vehicles (EVs) for the average North American consumer may remain elusive in the near future. Both Jim Farley, CEO...