🖤 Donations of all sizes power our public service journalism Give Now

Why prices of some EVs are falling

Jul 19, 2023
As companies announce price cuts on their electric vehicles, they hope to encourage more customers to shell out.
EVs still only make up 7% of the U.S. market, and price is a significant factor.
FREDERIC J. BROWN / Getty Images

Sales of electric vehicles doubled in 2021

Feb 3, 2022
Sales of gas-powered SUVs also set a record.
The sales of electric cars tripled over the past two years.
Drew Angerer/Getty Images