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In the U.S., battery electric and plug-in hybrid cars have been more expensive than their gasoline-powered counterparts, costing about $8,000 more on average. Experts say EVs are poised to achieve price parity with internal-combustion engine vehicles in just a few years though, because the single costliest part of an EV — the battery that powers it — is getting cheaper.
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In the U.S., battery electric and plug-in hybrid cars have been more expensive than their gasoline-powered counterparts, costing about $8,000 more on average. Experts say EVs are poised to achieve price parity with internal-combustion engine vehicles in just a few years though, because the single costliest part of an EV — the battery that powers it — is getting cheaper.

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