E-cars prices keep on falling

Electric car prices are still higher than their conventional counterparts, but the situation is changing very dynamically. This is due to several factors: firstly, the technological factor, i.e. the price of the key component – the traction battery. Between 2010 and 2019, its prices dropped by 90 percent – which allowed for increased availability, as well as improved functions, such as increasing the distance that can be traveled on a single charge or charging with more and more power.