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Electric Cars Vs Electric Cars

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Throughout modern times we have seen and witnessed many advancements of technologies. One of the major advancements in environmental-friendly technology we have seen include electric vehicles. Electric vehicles have brought us about many advantages, but there are reasons why electric vehicles should cost more than conventional gasoline cars.
Electric car sales have raised to 2 million dollars in 2016 after being almost non-existent in 2010. EV’s run on electricity, compared to conventional vehicles that use a gas or diesel-powered engine. These cars average around $1.14 per eGallon, compared to $3.65 a gallon for gas. Nevertheless they have a major obstacle when it comes to entering and doing well in today’s market due to the high price. Electric cars use different parts that cost more to produce, therefore the parts used to make the electric cars cause the price for the car to rise. Considering the cost for producing electric cars is so expensive, companies need to charge a high price in order to make a profit. This proves that the price for electric cars should be more expensive than gasoline powered vehicles because of the battery price, it’s a new market and the technological opportunities.
To create a battery that makes an electric car run there are many different components that need to be taken into consideration. The cost for electric car battery by itself takes up about 25%-50% of the electric vehicle price. The main component that contribute to the majority price

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