Electric vehicles (EVs) are criticized for being too expensive, but battery costs are declining, and shared platforms are helping to lower R&D costs.
Despite the perception of high prices, many Americans spend on new cars, making high-quality electric vehicles available for those willing to invest around $48,000.
Starting MSRP for EVs can be misleading since it often refers to a basic model, but federal tax credits and dealer incentives can alleviate costs.
For buyers seeking affordable options, EVs like the Hyundai Ioniq 6 and Tesla Model Y provide great ranges, efficiency, and advanced technology, all under $50,000.
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