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Why Electric Cars Are So Expensive?

 Compared to conventional vehicles, EVs require fewer parts, many of which come from outside suppliers. Additionally, electric automobiles are very pricey. Currently, consumers are asking this question how much does building an electric vehicle truly cost. While brand-new EV manufacturers spend billions of dollars and invest hundreds of millions more in research. To answer all these types of we have written this post. Let's read it out to find your answer: The Battery One of the main reasons electric cars cost more is the battery. In an electric car, the battery acts as the engine and generates electricity. It is both the most expensive and a significant portion of the entire cost of an electric car. Because it still takes a lot to make the batteries for electric automobiles, they are now more expensive. Expensive Spare Parts A typical car requires more parts than an electric vehicle (EV), yet the EV battery is much more expensive. Another factor contributing to the increased cost