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Why prices of some EVs are falling

Jul 19, 2023
As companies announce price cuts on their electric vehicles, they hope to encourage more customers to shell out.
EVs still only make up 7% of the U.S. market, and price is a significant factor.
FREDERIC J. BROWN / Getty Images

EV prices are falling, but remain out of reach for many potential buyers

Jul 17, 2023
The industry may need to cut costs to bring down stickier prices.
Ford's F-150 Lightning electric pickup (above) is part of recent price drops in the electric vehicle space.
Spencer Platt/Getty Images