Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow

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Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow
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EVs are a way to sidestep soaring gas prices—but it’ll cost you. The average price paid for an EV in the U.S. in May rose 22% from a year earlier.

Auto makers mark up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices

With gas prices on a wild ride, many consumers are exploring whether buying an electric vehicle could save them money in the long run. WSJ’s George Downs breaks down four factors to consider when buying a new car. Photo composite: George Downs

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