The race to electrify among automakers is heating up, with automotive companies from around the world pledging to invest billions of dollars into developing new electric vehicle lines. But one factor still stands in the way of mass electric vehicle adoption: EVs are too expensive for the average consumer. Even with state and federal EV subsidies, electric cars are a lot more expensive than the average internal combustion engine (ICE) car.
As such, automakers have been striving to make their electric offerings as affordable as possible. General Motors, which plans to…
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