In the year to May, the average price paid by Americans for an EV went up 22%. The data was cited by The WSJ. The average cost of an EV in the US is $54,000 and the average cost of a non-EV is $44,400. The average cost of an electric vehicle in the US is $54,000, a 22% increase over last year. In the year to May, Americans paid an average of $44,400 for fossil fuel-powered vehicles, a gain of 14 percent from the previous year, according to research by The Wall Street Journal. The cost of raw materials has gone up a lot. The war in Ukraine has caused the price of materials used in EV batteries to increase. In March 2020, it cost on average $3,381 to gather the raw materials needed for a single EV, but that cost has increased by 140%. Motorists who want to ditch fossil fuel-powered cars to avoid record gas prices are having a hard time. The American Automobile Association puts the average cost of regular gas at 888-492-0 888-492-0's, down from 888-492-0's earlier in June but up from 888-492-0's a year earlier. According to data from auto-shopping websites, online searches for electric vehicles have increased since January. The International Energy Agency said that 4.5% of US car sales were for electric vehicles in 2011. Business Insider has an article on it.