Part 5/14:
Hans points out that most EVs today are either luxury or premium offerings, with an average price of around $63,000. However, widespread adoption hinges on offering more affordable and functional vehicles that appeal to the mass market. The challenge isn’t environmental concern but infrastructure and affordability. He suggests that by 2026-2030, fewer barriers remain if automakers can produce compelling EVs at price points below $40,000, supplemented by robust charging networks.