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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. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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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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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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Report: Wholesale Used Car Prices Decline Slightly

The Truth About Cars

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 However, Cox and Black Book suggested that the UAW strike's end probably played a meaningful role. percent in October.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years. A new Bloomberg Green analysis shows the 2024 Hyundai IONIQ 6 is the most affordable EV.

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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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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 lakh and 20.60

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