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Cheaper EVs Ahead? GM, Panasonic Battery Plants May Help Slash Prices

Cheaper EVs Ahead? GM, Panasonic Battery Plants May Help Slash Prices

PCMag
Two new US plants could cut costs and boost domestic supply, both of which will benefit shoppers. But don't run to the dealer yet—the results could take years.

This year has been a rough one for electric cars, mostly with the federal tax credit going away soon, but the announcement of two major battery plants from Panasonic and General Motors are bright spots that bode well for the future of the industry.

Panasonic, …