Affordability: The Twenty-Five Thousand Dollar Electric Vehicle

White Paper

A topic on the minds of consumers and automotive industry members alike relates to vehicle affordability. CAR explores this issue in detail in a series of round table discussions with experts and industry stakeholders with a focus on supply, demand, and policy dynamics at play to affect affordability.

In this whitepaper, CAR outlines the drivers of increasing production costs, determining how to reach economies of scale via supply, and analyzing whether a $25000 vehicle is, in fact, affordable for consumers to bolster demand. Finally, CAR examines how policies aimed at reducing greenhouse gas emissions impact vehicle manufacturing and sales. This article is a timely and useful primer on the evolving factors affecting the automotive industry.