With petrol prices in the US topping $5 a gallon for the first time, the one vehicle that can alleviate pain at the pump — an electric car — is experiencing its own bout of runaway inflation.
Car makers pressed by consumer demand and rising material costs are charging more for electric vehicles across the board.
Market leader Tesla is boosting sticker prices by as much as $6,000 a car, its third increase this year, Electrek reported. Ford Motor has raised the price of its Mustang Mach-E, following a similar move by electric vehicle start-up Rivian Automotive.
And yet the buyers still keep coming.
“We’ve seen an actual acceleration in demand” at Rivian since the boost on March 1, Claire McDonough, its chief financial officer, said at a Deutsche Bank conference on Thursday.
“We had 10,000 new pre-orders with a $93,000” average selling price, she said.
Read More : https://www.thenationalnews.com/business/road-to-net-zero/2022/06/18/why-the-average-price-of-an-electric-vehicle-has-now-grown-to-more-than-60000/
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