Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts
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FEBRUARY 14, 2023
The drop in pricing was driven by significant price cuts from Tesla, which commands roughly two-thirds of the EV market. Lower prices likely helped Tesla deliver higher sales volumes. According to Kelley Blue Book estimates, Tesla sales in January increased year over year by more than 30%. of total sales, up from 18.6%
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