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At the heart of any marketplace lies the fundamental economic principle of supply and demand. The price of cars often fluctuates based on these factors. When demand for a particular model increases—perhaps due to favorable reviews, celebrity endorsements, or rising trends—the price may rise due to buyers’ willingness to pay more. Conversely, during economic downturns, consumer confidence wanes, leading to decreased demand and subsequently lower prices. The COVID-19 pandemic, for instance, caused significant disruptions in both supply chains and consumer behavior, resulting in unprecedented changes in car pricing.


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Battery technology is a core component of any new energy car, as it directly affects the vehicle’s performance and lifespan. In traditional internal combustion engine cars, engines and transmissions wear out long before hitting 1 million miles. In contrast, the electric motors in new energy cars are simpler and more durable. The limiting factor has always been the battery. Recent developments, such as solid-state batteries and advanced lithium-ion chemistries, have dramatically increased the number of charge cycles a battery can endure, bringing the possibility of a 1 million-mile battery closer to reality.

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