Auto manufacturers hike electric vehicle prices

Electric VehiclesHigh Tech / High TouchSalesMoney Matters
Written By Jennifer Joslyn
Emblem of the brand Cadillac" written in silver on a beige background.

Photo by Endri Killo on Unsplash

💰 Tesla, Cadillac, and Rivian have raised the prices of their electric vehicles.

The price tag for anything electric-powered has increased over the last several months, and experts in the industry are predicting that the prices will continue to rise for quite some time. The increased cost of supplies has the manufacturers passing those costs along to customers, but some carmakers are trying to keep the price of their vehicles as low as possible. It’s only a question of how long they can hold, at this point.

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Jennifer Joslyn
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