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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

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

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Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. of total sales in November from 17.8% in October.

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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

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Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Elevated prices and high loan rates are putting downward pressure on sales. Truck sales were particularly strong last month, and with many trucks selling for more than $60,000, a new record was all but inevitable.

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Nissan is delaying EV production again at its Canton US plant

Baua Electric

The Infiniti EV (LZ1E) will follow in April 2027. Infiniti Vision Qe concept (Source: Infiniti) Despite a rocky start, the Nissan Ariya is picking up in the US, with 3,765 models sold in the last three months of 2023. Nissan is finally gaining ground in the US EV market, but a wave of new electric SUVs are rolling out this year.

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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019

CleanTechnica EVs

continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica. The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its.

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Reported US Hybrid Sales Up 42% in December, Down 7.5% for CY 2009; New Vehicle Market Share of 2.8% for CY 2009

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Top: Reported sales of US hybrids in 2009 resulted in a 2.8% new vehicle market share. Bottom right: Unit sales of hybrid and non-hybrid vehicles. Reported sales of hybrids in the US rose 42% in December 2009 year-on-year to 25,167 units; sales for the year decreased 7.5% Monthly reported hybrid sales.

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Euro Big 5 auto markets up 8.6% in April, SUVs continue to dominate; shift in segment shares

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Led by strong growth in Spain and Italy, new car registrations in Europe’s Big 5 markets grew by 8.6% million, April produced further gains across the top five European markets with SUVs driving higher volume and counting for 24.4% Germany continued to lead the market, with volume up by 8.4% market share at 116,400 units.

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