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Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share

The Driven EV News

EV sales see a rise with over 8,000 electric cars sold in Australia in May, but with BYD and other Chinese car makers eating into Tesla's dominant market share. The post Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share appeared first on The Driven.

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Tesla slashes prices across the globe to sustain EV market share

The Driven EV News

Tesla cuts prices in some of its largest markets, making some models the cheapest they've ever been. The post Tesla slashes prices across the globe to sustain EV market share appeared first on The Driven. Elon Musk says it is to ensure "production is met with demand".

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Tesla launches Model 3 price cuts in other markets following the U.S.

Teslarati

Tesla has reduced the prices of its vehicles in multiple key markets around the world, after the automaker cut prices in the U.S. On Friday, Tesla cut prices by around $2,000 across most of its lineup in the U.S. Tesla increased the price of the Model Y in the U.S. with the exception of the Model 3.

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Tesla slashes prices in two biggest economies to sustain EV market share

The Driven EV News

Tesla cuts prices in some of its largest markets, making some models the cheapest they've ever been. The post Tesla slashes prices in two biggest economies to sustain EV market share appeared first on The Driven. Elon Musk says it is to ensure "production is met with demand".

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Ford, Audi, VW EV prices collapse on used market during Q1

Teslarati

The used EV market has dramatically changed during Q1, with top sellers from Ford, Audi, and Volkswagen (VW) seeing their prices collapse. The used car market of 2022 was an infamous one. when lightly used compared to new. During Q1, the average lightly used Audi e-tron transaction price plunged to $59,073.

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Hyundai and Kia slash electric vehicle prices amid intensifying EV price war in home market

Electrek

In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year. more… The post Hyundai and Kia slash electric vehicle prices amid intensifying EV price war in home market appeared first on Electrek.

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