There’s no denying the popularity of EVs, and that figures to increase in the years to come. Drivers who have purchased their share of gas- powered vehicles in the past may not know what to expect when shopping for an EV, especially regarding price. According to Kelley Blue Book, the average price of an electric vehicle at the end of 2022 was $ 61,488. That figure might shock many drivers, especially considering that the average price for all passenger cars at the end of 2022 was below $ 50,000.