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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. of total sales, up from 18.6%

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

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. Sales volumes in November were up year over year by more than 11%, but down from October. of total sales in November from 17.8%

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Tesla outpaces Volkswagen, Subaru, BMW in 2023 U.S. market share

Teslarati

percent of the total market share in the United States in 2023, outpacing companies like Volkswagen, Subaru, and BMW. This morning, Kelley Blue Book published its figures for vehicle sales per manufacturer for 2023. percent, with 654,888 sales in the U.S. In 2022, those 522,444 sales were good enough for 3.8

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BMW declares ‘tipping point’ in shift from gas-powered cars to EVs as sales heat up

Baua Electric

BMW has crossed the “tipping point” as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth will come from electric vehicles. After nearly doubling (+74%) EV sales last year with over 375,000 electric models sold , BMW doesn’t see the growth slowing.

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The BMW i7 is dominating its ICE counterpart

Teslarati

The BMW i7, BMW’s newest EV offering, dominates its gas counterpart alongside other BMW Group luxury EVs. BMW is defined by its luxury offerings. Its headlining brand, BMW, has dominated the global premium car market for years , and with its newest EV offerings, it looks like it is doing the same.

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Mercedes-Benz and BMW to sell car-sharing JV SHARE NOW to Stellantis

Green Car Congress

Mercedes-Benz Mobility and BMW Group intend to sell their car-sharing joint venture SHARE NOW to Stellantis. SHARE NOW was established in 2019 combines the DNA of car2go, which was developed by the former Daimler AG, and DriveNow, the BMW Group’s offering. —Rainer Feurer, Head of Corporate Investments at the BMW Group.

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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

Green Car Congress

GKN Driveline announced that its order book for electric driveline (eDrive) technologies hit a record £2 billion (US$2.8 Sales, which were previously forecast to rise from £33 million (US$45.7 Sales, which were previously forecast to rise from £33 million (US$45.7 million) in 2017 to £200 million (US$277.1

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