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.