How much does the average electric car cost?
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How much does the average electric car cost?
According to Kelley Blue Book, the average transaction price for an electric vehicle in April 2021 was $51,532. That’s more than $11,000 higher than what you’d pay at the dealership for a full-size gas-powered car, and nearly $30,000 more than the average compact car sale.
What is the average cost of an electric car in 2021?
Table: Electric car prices in the U.S. – September 18, 2021
| Model | Base Price | Tax Credit |
|---|---|---|
| 2021 Hyundai IONIQ Electric | $33,245 | $7,500 |
| 2022 Mazda MX-30 | $33,470 | $7,500 |
| 2022 Hyundai Kona Electric | $34,000 | $7,500 |
| 2022 Nissan LEAF e+ SV (62 kWh) | $37,400 | $7,500 |
Will EV cars take over?
UBS predicts that electric cars will account for 20 percent of new car sales in 2025, 40 percent in 2030, and almost 100 percent in 2040. To reach 95 percent electrification by 2050, IHS Markit claimed, new car sales would have to shift all-electric by 2035 — just 15 years from now.
How much does an electric car cost?
As outlined in Plug In America’s Electric Vehicle Guide, 19 of the 40 electric vehicles on the market today have an MSRP less than $37,590. Of those, nine are all-electric and 10 are plug-in hybrids, so there are many cost-effective EV models available.
How much money can you save by switching to an EV?
Switching from a gas car to an EV could save up to $200/month in fuel alone! On PlugStar.com, our online EV shopping tool, you can compare the estimated total costs of driving an EV compared to a similar gas vehicle in your area, including net depreciation, fuel costs, maintenance, and insurance.
How can I compare the costs of driving an EV?
On PlugStar.com, our online EV shopping tool, you can compare the estimated total costs of driving an EV compared to a similar gas vehicle in your area, including net depreciation, fuel costs, maintenance, and insurance. We used these tools to show some comparisons.
What is the cost gap between electric vehicles and traditional cars?
The cost gap between electric vehicle models and traditional gas cars is beginning to shrink. As the cost of lithium-ion batteries has gone down by over 70\%, the gap in average transaction price between the Nissan LEAF and Nissan Maxima is closing.