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The government wants to raise the price of gas cars by a lot. But in the long run, electric cars are so expensive that gas cars still seem like a better deal.
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Demand and manufacturing in the United States are lacking, while overseas supply is increasing.
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The first model is scheduled to be released in 2025.
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Electric vehicles (EVs) continue to account for a growing percentage of new car purchases, but their high cost, limited range, and slow charging speed may deter many buyers from making the switch.