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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

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 price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

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The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. New EV pricing peaked in 2022, coming down steadily since Q3 of last year. in January 2023.

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

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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. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels.

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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

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The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021. On a month-to-month basis, the average EV price in May 2021 rose 1.9%

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.

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Scorpio-N and other SUVs power Mahindra sales in February grow by 40%

Baua Electric

By: HT Auto Desk | Updated on: 01 Mar 2024, 12:25 PM Mahindra and Mahindra recently retained the crown as India’s largest SUV manufacturer. The Scorpio SUV is currently the best-selling model from Mahindra and Mahindra. Mahindra sold 42,401 units of utility vehicles last month, which also include its flagship SUVs.

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Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). Demand for the company’s passenger vehicle range continues to be powered by the Creta midsize SUV and the recently launched Exter compact SUV.

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