Everything depends on battery technology and big improvements are coming in the next year or two with multiple players and technologies, every car company on the planet is depending on it. EVs are easier to build than ICE vehicles, with far fewer parts and almost no fluids, a body, motors, ESC (electronic speed control) and a battery are the basic components. Once the government regulates and standardizes charging stations, the next generation of EV with better batteries that charge fast, last longer and have increased range should take off.
