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

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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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Updated twice per year, the forecast projects EV adoption rates by segment by state and designated market area (DMA) and offers insights into the specific variables contributing to projected growth rates. Methodology.

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Lithium miner SQM swings to USD 870 mn loss as oversupply sinks prices – ET Auto

Baua Electric

While SQM’s quarterly lithium revenues fell 67% from a year earlier, its lithium sales volumes grew 34%. million for the first three months of the year, as oversupply of the metal needed for EV batteries drags on prices. SQM’s sales distribution follows the same pattern. This brought a loss of USD 3.04

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GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Ford opens E-Transit Registration site for commercial customers; new pricing

Green Car Congress

Along with the registration site, the E-Transit electric vans have updated pricing, with a targeted starting MSRP of $43,295 for the cutaway—lower than originally announced—to $52,690 for the high-roof extended-wheelbase cargo van. No deposit or purchase commitment is required.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.