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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. Honda and Kia showed the most price strength in the non-luxury market, transacting between 6% to 8% over sticker price in November.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Beyond Tesla, however, it appears that the picture is much different in the United States. As per inventory data from Cox, the nationwide supply of electric vehicles in stock swelled by almost 350% this year to over 92,000 units. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars.

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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. The United States reportedly hit the 80-day mark (representing a 38 percent increase from the same time a year ago) at the very end of January.

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2022 Los Angeles Auto Show Review

Clean Fleet Report

Not all were, of course, as there is still plenty of interest around gasoline-propelled cars, SUVs and trucks. Fiat stopped selling the Cinquecento, or 500e, in the United States (in reality California and Oregon only) in 2019. It’s another solid entry in the luxury compact SUV field. 2024 Kia Seltos. Genesis X EV.

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Future Cars: Concept EVs for 2023 and Beyond

Clean Fleet Report

Stellantis, which sells Jeep, Dodge, Chrysler, Fiat, Ram, Maserati and Alfa Romeo in the United States, announced on March 1, 2022 they will be releasing 25 all-new all-electric models across these brands by 2030. The first to make it to dealers will be the 2023 Jeep EV. Kia is ready to go big with its next EV–the EV9.

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Feature: The Genesis Experience

Clean Fleet Report

As the luxury division of the Hyundai Group (Genesis, Hyundai and Kia) it has gone from two models in 2015 to eight in 2023. The current line-up, a combination of gasoline-powered and battery electric sedans and SUVs, will be all-electric in 2030. Genesis is on schedule to have 100+ dealers across the country in the coming years.

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Los Angeles Auto Show 2021 debuts electric vehicles from Nov 19-28 

Electric Vehicles India

The largest car -buying and EV market in the United States, AutoMobility LA is going to be held from November 19-28,2021. The event is debuting various electric vehicles- electric cars that are being unveiled at the event such as Subaru Solterra small SUV, Kia EV9 SUV, Nissan Ariya, Hyundai Seven, etc.