EV prices soar, as one exec warns of market “collapse” if they don’t get cheaper
EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. As noted by Autoblog, several automakers have raised prices on their electric models in recent months. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week. Ford and Rivian have raised prices recently as well...