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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October. At last check, we had 15 new EV models for sale that were not available a year earlier.

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Tesla inventory volumes in Europe indicate potential upcoming price cut

Teslarati

Despite this success, Tesla saw a slight but noticeable decline in sales in the European market during the year’s first quarter. The revelation regarding Tesla’s European inventory spike was posted on Twitter by Troy Teslike , who tracks Tesla sales and production.

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Used Tesla prices remain inflated despite price cut

Teslarati

More anecdotally, looking at used Teslas for sale near me on Facebook Marketplace and Craigslist yielded only slightly better findings. This isn’t to say that there aren’t any great used EVs as options for those looking for an affordable entry point. Despite iSeeCars finding that the average used EV for sale in the U.S.

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Update: Top 10 Electric Cars

Clean Fleet Report

It’s a robust list of a variety of models–the majority of which are focused on the hot crossover segment–with total sales of more than 150,000 from six major automaker groups. This list is subjective and weighted toward functionality with an emphasis on fun, but also factors in sales numbers.

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Multi-nation survey reports consumers want electric cars. Now.

Plugs and Cars

There is an existing market for electric vehicles, especially among those who can afford the extra cost of limited-production new technology vehicles. There are no cars for sale. For years BMW disparaged electric cars, and poured money into liquid hydrogen ICE vehicles and promoted them ad nauseum. The only problem?

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2030: 20 Million More ICE Vehicles Will Be on the Roads in the US Than in 2021

EV Adoption

US sales of electric vehicles are expected to increase significantly this decade, however, by the end of 2030 EVs will still comprise only a tiny percentage of vehicles in operation (VIO) and the number of internal combustion engine vehicles (ICE) will actually increase by 20 million. These are the findings of new EVAdoption analysis.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

percent of auto sales today to some 20 to 25 percent of sales by 2030, not all competitors will be winners in a world soon to be awash in electric vehicles. As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US.