EVs will remain cost-prohibitive for most Americans for several years

Electric VehiclesHigh Tech / High Touch
Written By Jennifer Joslyn

👩‍🏭 The cost of metal is causing another setback in the EV market.

While many consumers want to buy an electric vehicle, it is still a cost-prohibitive vehicle - especially now with inflation issues. According to BloombergNEF, growing metal prices to make the EV batteries mean that obtaining an electric vehicle for most American families will still be financially a few years off.

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Jennifer Joslyn
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