Melting EV Price Gap Creates Opportunities

The price gap between electric vehicles and gas-powered cars is continuing to shrink. New data from Cox Automotive finds that the average EV price was $52,314 in February. This marks a 12.8% cost decline year over year. Price drops for electric vehicles are showing signs of acceleration, January 2024 saw prices lower 11.6% year over [...] The post Melting EV Price Gap Creates Opportunities appeared first on ETF Trends .