Christopher Mims 🤌 Profile picture
WSJ tech columnist and author of Arriving Today, about the insane, around-the-world journey all the stuff you ordered takes on its way to your front door.
Elbert Bakker Profile picture 1 subscribed
Mar 4, 2023 • 6 tweets • 2 min read
Something quietly revolutionary has happened in the auto industry and too few people have noticed:

Many EVs now cost the same or less than gas-powered vehicles.

Really! Even though their list prices remain higher.

Here's how that works.

1/

wsj.com/articles/elect… Lots of people look at the list price of an EV and think "meh, can't afford the premium"

But 85% of people finance the purchase of a new vehicle.

Which means what matters to most people is their *monthly* cost to own / operate that vehicle.

2/