GM just claimed in a video that electric vehicles will soon cost as much as internal combustion vehicles.
Or not. That kind of blanket statement ignores a lot. That opinion is saying ALL OEM's will raise ALL ICE prices? Some sort of collusion (illegal)? All it takes is for a few to keep their ICE prices the same and that house of cards falls due to competition. What's far more likely is OEM's will continue working on getting the price of EV's down to parity with a gasoline-powered car. Then we will see some interesting times. When the sticker price is the same, what will buyers choose?OEMs will raise ICE prices to equal EV prices to make more money because they can, using EV prices as a scapegoat.