article thumbnail

Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

Porsche and Land Rover showed the most price strength in the luxury market, transacting between 2% to 6.4% Meanwhile, vans, minivans and luxury full-size SUVs had the lowest incentives, all less than 1% of ATP. In November 2022, the average luxury buyer paid $67,050 for a new vehicle—a record high and up $405 from October.

Price 210
article thumbnail

Who is winning the green car race? Part II. The Green Piece

Green Cars News

The company also announced in June that it will build electric family sized minivans, SUVs and fleet vans with DOE funding (see article ) and it has formed a partnership with Daimler to provide powertrain components for the electric Smart car. Tata Motors: Most people know Tata Motors because it acquired Jaguar and Land Rover in 2008.