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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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Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. This includes everything from fuel to maintenance, insurance, and a car’s depreciation. Other notable electric vehicles also won spots in Kelley Blue Book’s awards.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx.

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Rivian R1S climbs to fourth best-selling EV in the US in Q1, tops Hyundai IONIQ 5, VW ID.4

Baua Electric

Rivian’s electric SUV continues attracting new buyers in the US. Rivian sold 24,783 electric SUVs in 2023, topping the Ford Lightning (24,165) and Tesla Model X (23,015). According to Kelley Blue Book data , the company’s electric SUV accounted for the majority of sales. 2 Tesla Model 3 220,910 30,842 11.3%

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Hyundai Creta N Line launch tomorrow: Check price, features and specs

Baua Electric

By: HT Auto Desk | Updated on: 10 Mar 2024, 09:43 AM Hyundai India has opened bookings for the Creta N Line SUV at an amount of ₹ 25,000, which can be done online and offline. Hyundai India has opened bookings for the Creta N Line SUV at an amount of ₹25,000, which can be done online and offline. lakh and 20.60

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Volkswagen raises EV forecast for 2025 to 1.5M vehicles from ID. family; 1M by 2023

Green Car Congress

Under the Volkswagen’s latest plans, the company expects to reach its original strategic target of one million electric cars by the end of 2023—two years earlier than previously predicted. million electric cars by 2025. For the first time, Volkswagen also offered pre-booking for the ID.3. 3 and paid a pre-booking deposit.

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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

new-vehicle average transaction price in January was $47,401, down nearly 4 [percent] from a year ago and down almost 3 [percent] from December 2023, according to Kelley Blue Book. But there does not appear to be a similar surplus of affordable models. Discounts and incentives in January averaged 5.7 percent] of ATP, up from 5.5

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