Tuesday, 02 January 2024 12:17 GMT

Why Evs Could Soon Be Cheaper Than Gas Cars


(MENAFN- Investor Brand Network) Electric vehicle prices are falling faster than ever across the United States, Europe, and China, bringing battery-powered cars within reach of gasoline vehicle price points for the first time. The shift marks a fundamental change from years of premium pricing and is primarily driven by collapsing raw material costs, aggressive manufacturer discounting, and an influx of affordable Chinese models flooding global markets.

These are the tight market conditions that relatively smaller companies like Bollinger Innovations, Inc. (OTC: BINI) now have to contend with in...

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