The stage is set for 'rapid-fire growth' in electric vehicle sales volumes in the US but dealers and automakers might have to go the extra mile in keeping customers interested during the year-end holiday period, JD Power outlined in its latest E-Vision Intelligence Report.
Catch More EV News Here: Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3 Nissan Has Plans To Bring Lower-Cost EVs To Market. But When? Another factor potentially affecting near-term EV sales is the lack of price parity between EVs and gas cars. The average price of a mass-market compact electric SUV is $52,000, while a gas-powered compact SUV costs only $34,000.
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