The Ram 1500 REV electric pickup truck.
Americans love SUVs and pickup trucks. That means they might not see less expensive EV options until the 2030s.
  • Electric cars could cost the same as gas-powered ones as early as the mid-2020s.
  • That's only if shoppers go small, according to new analysis from the International Energy Agency.
  • But most American car-buyers aren't interested in smaller vehicles and opt for SUVs instead.

While price is still one of the biggest barriers to widespread electric car adoption, EVs could cost the same as gas-powered ones as soon as 2025, a new analysis said — but there's a caveat.

It's as long as shoppers buy small, according to the International Energy Agency's latest global EV outlook.