For mass adoption to succeed, EVs will need to sell at prices comparable to internal-combustion cars while still generating profits for their manufacturers. Despite recent supply-chain issues causing a backslide in battery affordability, General Motors and Volvo now predict that will happen by mid-decade. In an interview with Automotive News... GM, Volvo: EVs won’t cost more than gas vehicles by 2025
For mass adoption to succeed, EVs will need to sell at prices comparable to internal-combustion cars while still generating profits for their manufacturers. Despite recent supply-chain issues causing a backslide in battery affordability, General Motors and Volvo now predict that will happen by mid-decade. In an interview with Automotive News...