EV prices are rising again as automakers pull back on discounts

EV prices ticked up in July to an average $56,126 — the first increase in 2026 after months of declines.
Higher gas prices and tighter EV inventory mean fewer dealer incentives, so buyers are paying more.
Cheaper EVs from brands like Slate, Ford, Toyota and Subaru are coming, and extras like an included home charger can make a new EV feel thousands cheaper.