's air regulators are set to vote on a policy Thursday that would ban the sale of new gasoline-powered vehicles by 2035 and although this an effort to fight , the plan means consumers will have to spend around $20,000 more to purchase a new electric vehicle - an amount that could be out of reach for more than half of the state's residents who are in the middle to low income brackets.The average price for a new electric vehicle in the US recently rose to $66,000, a more than 13 percent increase year over year, compared to the $43,338 for one that runs on petroleum.According to Kelley Blue Book, the cost of EVs is 'well above industry average and more aligned with luxury prices versus mainstream prices.'
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