Why are electric vehicles so expensive?


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This is an EV era and demands are booming. WIth rise of electric cars, there are different questions people have regarding EVs

One such popular question is "Why are electric vehicles so expensive?"

Not just electric cars, even the insurance cost of EVs are costly compared to gas cars

Cost of batteries, supply chains, and some other crucial factors make electric vehicles costly to buy

Cost of batteries is the biggest addition to EV prices. It is the most important part of an EV as well

Another reason why electric cars are expensive because EV components are made and imported from China

Ford F-150 Lightning Platinum, Fisker Ocean, Rivian R1S Adventure, etc are most expensive cars to buy in 2022


How Much Does it Cost to Charge an Electric Car?