According to Kelly Blue Book, the average price of an electric vehicle (EV) is roughly $60,000. As CNBC notes, that is “roughly $10,000 higher than the overall industry average of $46,329 that includes gas and EVs.
“In terms of pricing, an EV is equivalent to an entry-level luxury car,” it added.
On top of paying for the car, EV owners can spend around $2,000 to install “Level 2” chargers that can charge their vehicle in less than eight hours.
Otherwise, “Level 1” charges can take up to 40 hours to charge the vehicle.
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