Volkswagen new EV bus
See Volkswagen's iconic hippie microbus, but electric
01:24 - Source: CNN Business
CNN  — 

Thanks to a combination of new models, more production and new tax laws, electric vehicles are no longer just for the wealthy.

While the average sale price of a new vehicle – gasoline or electric – hovers around $48,000, automakers like General Motors, Ford, Hyundai, Kia and Volkswagen have all introduced a variety of electric vehicles that come in significantly below that figure.