EV prices soar, as one exec warns of market "collapse" if they don't get cheaper
Green Car Reports
JULY 5, 2022
EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week. As noted by Autoblog, several automakers have raised prices on their electric models in recent months.
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