J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand
Green Car Congress
MARCH 30, 2023
Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power. According to the J.D. Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availabil
Let's personalize your content