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When will all-electric cars be affordable?
I’ve been driving a hybrid for a while now, but I want to make the switch to an all-electric car. Unfortunately, even with the federal tax credit, an electric car is just too expensive for me. When will all-electric cars be affordable?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Automakers and policymakers alike are constantly looking for ways to make electric cars more affordable and accessible, and it’s looking like it could happen pretty soon!
One of the biggest hurdles to EV production right now is scale. While some companies like Tesla have been making electric cars for over a decade, other automakers are just getting started. However, as more large-scale automakers build out their EV manufacturing processes, electric cars will become less expensive as a result.
Driving an electric car is exciting—you’re helping the planet and getting in on the ground floor of a growing industry. If you are thinking of getting an electric car, you’ll want a
car insurance
plan that delivers great coverage at a great price. Get
Jerry
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- Gregory R.
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