The sub-$30,000 EV probably isn't going to happen anytime soon
Briefly

"It feels like we hold EVs to some kind of different standard," Caldwell told BI, referring to the expectation that EVs should cost the same as gas-powered cars.
"There's a disconnect where people believe an EV should be $30,000 without realizing how hard that price point is to achieve amidst the rising costs of components and production."
"The average price paid for a new EV today is more than $56,000, showing significant market shifts since Musk's initial affordable EV vision in 2018."
"Tesla's Model 3 now starts at $33,990, pressuring other manufacturers to lower their prices and improve overall EV affordability in the market."
Read at Business Insider
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