Electified vehicles cost more to produce and more to buy. It should hardly come as a surprise, then, that rich people are the ones buying them car auto cars
like Greece, Italy, Poland, and Croatia, where the annual net income is around €13,000 , ECVs make up just nine percent of the new vehicle market.
In Bulgaria and Slovakia, where the average annual net incomes are €7,272 and €10,985, respectively, ECVs amounted to just 4.0 and 3.7 percent of new car sales. They were two of the three European countries with the lowest adoption of electrified vehicles.Meanwhile, in Northern European nations, where annual net income tends to exceed €32,000 , ECVs make up more than 30 percent of new vehicle sales. In Sweden, for instance, 56.
The correlation between ECV adoption and wealth is not a huge surprise, though it is a noteworthy one. The high costs of batteries, and the expensive industrial upheaval that is being caused by the transition to electric vehicles means that they are more expensive to manufacture than internal combustion vehicles, and therefore carry higher MSRPs. As technology advances, the cost of producing EVs is likely to lower.
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