This Is When Nissan Thinks Electric Car Prices Will Plummet
Thanks to higher development costs, electric cars command a higher price than traditional combustion-powered cars. Take the Hyundai Kona, for example. The regular gasoline model starts at $19,990, whereas the Kona EV costs nearly double that, with a starting price of $36,450. With the long-awaited introduction of the $35,000-Model 3, EVs are becoming more affordable.