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EV prices are down 18% over the past year as drastic price cuts take effect

Baua Electric

Electric vehicle prices are down 18% so far this month compared to April 2023. Automakers are introducing aggressive EV price cuts After slashing prices throughout last year, Tesla’s best-selling Model 3 and Model Y are still dragging down overall EV prices. According to new data , EV prices are down 18.3%

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Of course, discounts don’t usually come without terms attached, and Rivian is no exception.

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These are the best-selling used EVs – and what’s being traded in for them

Baua Electric

Photo: Tesla Used car retailer CarMax just released its latest used EV sales data, and while the leaders are the same, their prices aren’t. But the Tesla Model X, BMW i3, and Jaguar I-Pace have dropped off the list. The average prices for CarMax’s top 10 most popular EVs now range from $22,000 to $46,000.

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AutoTrader.com June trend report shows increasing consumer interest in trucks and SUVs

Green Car Congress

AutoTrader.com’s June Trend Engine report, which provides analysis of site traffic as it relates to consumer shopping behavior, shows that trucks and SUVs have gained consumer interest since May and that interest in compact cars is starting to subside. and the Silverado 2500’s price increased 10.6% year-over-year.

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Rivian (RIVN) and Hyundai see US EV registration growth in January, outpacing rivals

Baua Electric

Mustang Mach-E registrations fell 38% (1,977), while the F-150 Lightning gained 4.5% The F-150 Lightning topped Rivian’s R1T for the best-selling electric pickup title. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. YOY( 2,956). 4 fell 47%.

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Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

The comments come after a source told Bloomberg Businessweek that Ford was developing a low-cost EV platform to power a smaller electric pickup and SUV with starting prices around $25,000. Meanwhile, Ford is delaying plans for a larger three-row electric SUV due to the shift.

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Unused Bronco Raptor, Tesla-powered 911, Genesis GV80 Coupe: Nowadays’s Automotive Information

Baua Electric

Because the manufacturing frame comes into method it’s unclouded the Audi Q8 and BMW X6 competitor will glance just about similar to the Genesis X Speedium idea proven on the 2023 Untouched York auto display. The 2025 Genesis GV80 Coupe persevered trying out on people roads, however this moment the prototype dropped its big camouflage.

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