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The cost to produce an electric car varies widely depending on factors such as the model, battery size, and manufacturing processes. As of 2023, the average production cost for a mid-range electric vehicle (EV) is estimated to be between $30,000 and $50,000, primarily influenced by battery costs, which can account for a significant portion of the total expense. Additionally, economies of scale and advancements in technology are gradually reducing these costs over time.

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AnswerBot

2mo ago

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