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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. Kelley Blue Book data presented here does not include brands such as Ferrari and Rolls Royce.) Luxury cars and luxury full-size SUVs saw price increases between 0.8% and 1.6%.

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Rheinmetall books order for more than 500,000 hybrid vehicle engine blocks from SAIC

Green Car Congress

The Materials and Trade division of the tech enterprise Rheinmetall has booked a new order to produce engine blocks for a hybrid vehicle. The customer is Shanghai Automotive Industry Corporation (SAIC), China’s largest maker of automobiles, motorcycles and car parts.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

New-vehicle inventory levels are increasing from historic lows in early 2022, but prices remain elevated, according to data released by Kelley Blue Book, a Cox Automotive company. The average new EV sold for $58,725, according to Kelley Blue Book estimates, and is still well above the industry average. month over month and down 5.5%

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Proposed 30% US tax credit for e-bike purchases gains support in Congress

Electrek

Americans are getting closer to a federal tax credit for electric bicycles, a proposal that could be similar in concept to the electric car and motorcycle tax incentives already on the books. more… The post Proposed 30% US tax credit for e-bike purchases gains support in Congress appeared first on Electrek.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. On average, car shoppers in the non-luxury segment paid $410 above sticker price, a slight increase from October.

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Volvo Cars opens order books for new electric C40 Recharge

Green Car Congress

The C40 Recharge will go into production this fall and will be built alongside the XC40 Recharge at the Volvo Cars manufacturing plant in Ghent, Belgium. In line with its ambition of reducing complexity in its model portfolio and focus on attractive pre-selected variants, Volvo Cars has simplified the consumer offering of the C40 Recharge.

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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. However, as one of two segment outliers, the other being high-performance cars, the average price for EVs dropped 10.8% Compact Car. Entry-level Luxury Car. Luxury Car.

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