Callaway Climate Insights

Callaway Climate Insights

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Callaway Climate Insights
Step right up! Falling EV prices likely to spur greater sector growth
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Step right up! Falling EV prices likely to spur greater sector growth

Fading supply chain issues and government incentives adjust the market.

Matthew Diebel
Jun 29, 2023
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Callaway Climate Insights
Callaway Climate Insights
Step right up! Falling EV prices likely to spur greater sector growth
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A factor that has led to the U.S.’s relatively slow adoption of electric vehicles — it is at about 7% as opposed to Europe’s 14% and China’s 22% — is their relatively high cost. Last year, the average price paid w…

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