When Will the US Finally Get $15K EVs?
CommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyYou’ve seen it on social media: “This $15,000 Chinese EV will DESTROY the auto industry!!” In fact, 2025 was to be the year when electric vehicles reached global price parity with gasoline cars in their segments: They’d cost the same, regardless of whether they had an engine or a battery with electric motors. In North America, that didn’t happen.As US vehicle prices continue to soar, it begs the question: When will the US get EVs that are more affordable, as cheap as gas cars, to make mass-market shoppers pay attention? They face new headwinds: The $7,500 national EV purchase incentive ended September 30. That month brought the highest ever EV sales—and many predictions of doom to follow.Let’s define…
