Electric vehicles will get more and more expensive. Experts fear that price increases will slow the growth of the electric car market
The electric vehicle market is constantly expanding, with billionaire investments around the world, with Tesla as the market leader. A major problem in the segment is the high price, with electric cars being sometimes more expensive than combustion cars. If outside the country it is already expensive, in Brazil the pocket of consumers suffer even more.
Electric car prices are rising
Companies like Tesla, Rivian and Cadillac are raising the price of their products. The main reasons are changes in the vehicle market situation in the world, in addition to the increase in the cost of commodities that are necessary for the manufacture of fundamental components of vehicles. You.
In recent years, the price of electric vehicle batteries has been falling, but this situation may change soon. Experts project a significant increase in demand for minerals that are essential for building batteries. If the prediction is confirmed, the batteries could be up to 20% more expensive.
Electric vehicle manufacturers are already increasing the price of their products, making the purchase of an electric car even more difficult for the simpler population. Because of this, there is a concern that this scenario of rising prices will end up delaying the democratization of electric vehicles.
Tesla raises prices
The billionaire Elon Musk's company has had to raise the prices of its vehicles on several occasions in recent months. Most Teslas today are significantly more expensive than they were at the start of last year.
The cheapest "Standard Range" version of the Model 3, the company's most affordable vehicle, now has a starting price of $46.990 in the US, up 23% from the $38.190 it sold for in February 2021 Even so, Tesla owns 75% of the electric vehicle market.
GM said last month that it expects the price of commodities to cost the company something like $5 billion. This number is double what was initially predicted by the company. The flagship of Ford is the F-150 Lightning, a vehicle that the company has been maintaining prices in the United States. However, the company has already made it clear that it is subject to an increase due to the price of commodities.
How much does a Tesla cost in Brazil
In the country, buying a Tesla vehicle is still quite bureaucratic and expensive. As Elon Musk's company does not have factories in the country, the only way is through a Direct Imports, considerably increasing the price of the vehicle. Taking into account several factors, a Tesla electric car arrives in Brazil at a cost of R$500 to R$2 million.
