That extra $20k is for the EV’s battery.

People need to stop quoting Elon Musk. That was true in 2012. Buzz battery is 90kwhr, the cost of batteries is now $120/kWh. So the whole pack costs $11k. Funny how with ICE now one quotes the cost of a catalytic system or how much mining goes on for the platinum and rhodium in cats. ID Buzz is overpriced, plus it's not even good. It's a small van.