The introduction of the Tesla Roadster marked the beginning of the modern electric vehicle era, albeit with a high price tag due to limited production and battery costs.

Tesla launches the Model S, a luxury electric sedan, which garnered attention for its performance and range, but it came with a premium price.

Tesla releases the Model 3, its first massmarket electric car. Despite initial promises of affordability, early versions were relatively expensive due to production challenges.

Many automakers announce ambitious plans to electrify their fleets, but early electric models from various manufacturers often come with higher price tags compared to their gasoline counterparts.

Government incentives and advancements in battery technology help to bring down the cost of electric vehicles, making them more accessible to a wider audience.

Supply chain disruptions, particularly in semiconductor manufacturing, lead to increased prices for electric vehicles as demand outpaces supply.

Continued advancements in electric vehicle technology, coupled with economies of scale in production, are expected to gradually lower prices, making electric vehicles more affordable for the average consumer.