Remove Affordable Remove Books Remove Kia Remove Vehicles
article thumbnail

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average new EV sold for $58,725, according to Kelley Blue Book estimates, and is still well above the industry average.

Price 199
article thumbnail

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

Teslarati

Over the past several years, automotive manufacturers from all corners of the world have jumped head-first into electric vehicle production. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. according to Kelley Blue Book data.

article thumbnail

Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

Vehicle inventories are now approaching the highest levels seen since the summer of 2020. This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. But there does not appear to be a similar surplus of affordable models.

Supplies 116
article thumbnail

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

Baua Electric

In the first three months of the year, Rivian delivered 13,588 vehicles. According to Kelley Blue Book data , the company’s electric SUV accounted for the majority of sales. The automaker is preparing for its next wave of growth after unveiling the more affordable R2 electric SUV last month. 2 Tesla Model 3 220,910 30,842 11.3%

Hyundai 52
article thumbnail

Hyundai EVs to gain 3D navigation, MapGPT AI through new Mapbox partnership

Baua Electric

OpenTable can help you book seats at your favorite restaurant or find a new one while passing through. With Tripadvisor, you can reserve tables, book flights, and experiences, or find great places nearby. The collaboration will shape the future of Hyundai’s in-vehicle experiences.

Hyundai 52
article thumbnail

Rivian (RIVN) R1S cracks top 5 best-selling EVs in Q4 just as EV leasing heats up

Baua Electric

According to data from auto research firm Kelley Blue Book , Rivian handed over nearly 24,800 R1S models in 2023. The electric “Adventure Vehicle” broke the top five in the fourth quarter as EV leasing surged to a new record. Rivian R1S (Source: Rivian) The data shows electric vehicles accounted for 8.55% of new retail sales.

SUV 52
article thumbnail

VinFast reveals Ford Ranger-sized VF Wild electric ute concept, Aussie DNA included

EV Central

The VF Wild’s size makes it ideal for Australians, where our top three best-selling vehicles are all medium utes. Such a vehicle would enter a mid-size electric ute playground likely to rapidly expand in coming years. VinFast VF 3 electric baby SUV will go on sale in North America this year.