Loading...
Market
Average price of long-range EVs below average new car price by end of 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Automotive price reports from sources like Kelley Blue Book or Bloomberg
Story
Bloomberg: EVs with 300-Mile Range, Including Chevy Blazer EV, Now Cheaper Than Average US Car
Jun 7, 2024, 01:03 PM
The electric vehicle (EV) market in the United States is witnessing a significant shift as multiple brands now offer EVs with a range of 300 miles for less than the cost of the average new car. This development marks a key milestone in price parity between electric and gas-powered vehicles. Notably, the lease prices for the Chevy Blazer EV have dropped to nearly the same as its gas-powered counterparts. This trend is highlighted by Bloomberg, noting that long-range EVs are now cheaper than the average new car in the US, offering additional savings on fuel and maintenance costs.
View original story
Similar markets
Significant price increase • 33%
Moderate price increase • 33%
No significant price change • 34%
No significant change • 25%
Up to 5% increase • 25%
5%-10% increase • 25%
More than 10% increase • 25%
Significant increase in EV prices • 33%
Moderate increase in EV prices • 33%
No significant price change • 34%
Increase significantly • 25%
Increase moderately • 25%
Remain stable • 25%
Decrease • 25%
Significant increase in EV prices • 50%
No significant increase in EV prices • 50%
Increase • 50%
No Change • 50%
Yes • 50%
No • 50%
Increase in domestic production of EVs • 50%
No significant change in domestic production of EVs • 50%