EV Prices Drop as Inventory Levels Grow
After more than a decade of high electric vehicle prices, oversupply in the nascent EV market is causing EV prices to plummet. Average Tesla prices have fallen by close to 20% over the past year, and other EV makers in other major markets are cutting their prices to remain competitive in an increasingly saturated market. … Continue reading “EV Prices Drop as Inventory Levels Grow”