According to the Union of Concerned Scientists, the main reason electric cars cost so much to produce is because of their advanced battery packs. Producing these battery packs requires a lengthy engineering process and can cost upwards of $30,000. The fact that electric cars are typically produced in small volume (due to limited demand) also adds to costs. I think, however, with continued investment and research, an affordable electric car will be forthcoming within the next decade or so.
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