The new update to the Model 3 should bring the price down, according to Autotrader. That could spur other EV manufacturers to get aggressive with price.
over the years about a $25,000 car. The question now is whether the Model 3 refresh gets close to that price or whether it’s a future car — sometimes referred to as the Model 2 .
“The success of updating the Model 3 and Model Y could help fund a ‘Model 2’ type vehicle,” added Moody.Other carmakers could lead the way to more affordable EVs, according to Moody.
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