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InsideEVs
InsideEVs
Technology

EV Price Parity With Gas-Powered Cars May Not Come Until After 2030: Ford CEO

Ford Jim Farley Tesla Inc. Michigan

The price of new EVs may not drop to the level of internal combustion-engined cars until after 2030 when the production process will be simpler, requiring fewer parts and cheaper materials, Ford CEO Jim Farley said at an investor conference yesterday, according to Reuters.

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