One of the main sticking points to the wider adoption of electric vehicles in the United States and beyond is the high cost of a new EV. According to Kelley Blue Book, the average transaction price of a new combustion car in the U.S. in June was $48,644, while new EVs had an average MSRP of $56,371.
That’s an almost $8,000 difference, enough to get you a used gas-powered daily commuter. In other words, there’s still a considerable gap, but that difference will soon disappear in favor of EVs thanks to the rapid decrease in the cost of lithium batteries.
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