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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. year over year.

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Lectric XPeak e-bike opens orders, new high-water mark in affordable electric bikes

Electrek

Lectric Ebikes, the Phoenix-based electric bicycle company known for the best-selling e-bike in the US , has just opened order books for its latest model. The new Lectric XPeak is the brand’s first non-20″ tire e-bike, ushering a big new look for the company that maintains the same low-level pricing.

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EV prices skyrocketed in November, highlighting affordability issue

Teslarati

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4%

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Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Tesla made up more than half of U.S. EV sales with only two models

Teslarati

Tesla made up more than half of the total electric vehicle sales in the United States with only two of its models, according to new figures from Kelley Blue Book. Tesla has marketed the Model 3 and Model Y as the best and most affordable EVs available in the space over the past several years. This is 51.7 be without Tesla?”

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Aurora enters long-term, global, strategic collaboration with Toyota and Denso for self-driving cars at scale

Green Car Congress

Autonomous driving software company Aurora has entered a long-term, global, and strategic collaboration with Toyota and Denso, one of the largest global manufacturers and tier-one automotive suppliers, respectively, to build and globally deploy self-driving cars at scale. —Chris Urmson, Aurora CEO.

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Autonomous driving visionary Dr. Lawrence Burns joining Neural Propulsion Systems as Executive Advisor; L4/L5 autonomous driving

Green Car Congress

He has also advised numerous companies—including Google Self-Driving Cars/Waymo for over a decade. He coined the phrase “age of automobility” to describe this future in his book, Autonomy: The Quest to Build the Driverless Car And How It Will Reshape Our World (2018). He received a B.S. Larry Burns.

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