"The cost of an electrical vehicle used to increase quickly as you shopped for more range, but EVs that go farther have been getting less expensive in recent years."
"The side-by-side trend line comparison between the steeper slope for 2016 to 2019 models versus the 2024 to 2026 models shows a clear and obvious shift."
"Once the trend line flattens and Toyota makes a fully electric Corolla, I'm in."
Electric vehicle prices have historically increased with range, but recent trends show that longer-range EVs are becoming less expensive. A comparison of trend lines from 2016 to 2019 models versus 2024 to 2026 models illustrates a significant shift in pricing dynamics. The flattening of the trend line indicates a potential for more affordable options in the future, particularly with anticipated models like a fully electric Toyota Corolla.
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