
As electric cars continue to grow in popularity, purchase costs are beginning to become more on par with ICE vehicles - especially in Europe, where gas cars are becoming increasingly penalized. In some cases, electric cars are significantly cheaper than their ICE alternatives. A Porsche Taycan, for example, costs roughly half as much as a Panamera in Norway. Meanwhile, in France, a BMW i4 M50 is 35% cheaper than a less powerful M3 or M4.