EV prices edged down in February, while gas-powered car prices crept up, narrowing the gap between the two, according to new estimates from Kelley Blue Book.The average transaction price (ATP) for a new EV in February was $55,300. That’s down 1.4% year-over-year and 0.6% lower than in January.
As a result, the price gap between EVs and ICE vehicles narrowed to around $6,500, one of the smallest gaps on record.
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