Electric cars for years were more expensive than comparable-class conventional cars.

The higher initial prices were offset by lower costs of electricity (vs. fuel) and expected lower maintenance costs over a lifetime.

With mass electrification just around the corner, initial prices of BEVs were becoming more competitive, while performances is often better. Decreasing battery costs per kWh of capacity opens way for fast expansion.

However, according to Hans Dieter Pötsch Chairman of the Supervisory Board of Volkswagen AG, in the case of small, entry-level cars, all-electric versions are expected to remain more expensive than gasoline versions.

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VW Says For Now That EVs Will Remain Out Of Reach For Economically Challenge Buyers

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