I mean, it still seems like a lot for an absolutely barebones vehicle. Going by an inflation calculator, $25K in 2026 translates to $~13K in the year 2000, and in the year 2000 the average completely barebones/entry car sold for $~8K-9K. So this is still 50% more expensive than barebone cars used to be.

Compared to ICE? Yes. EV's are still paying a premium for the battery. That's not going to change any time soon.

Compared to Ford or GM's EV trucks? It's almost 1/3 the price...

The closest comparison is like the Ford Maverick, and that starts at 29.