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Electric vehicles will crush fossil cars on price as lithium and battery prices fall

The Driven EV News

Fossil car makers are in for a rude surprise as EVs accelerate toward price parity, as new research points to significant falls in the cost of raw materials. The post Electric vehicles will crush fossil cars on price as lithium and battery prices fall appeared first on The Driven.

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Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices!

CleanTechnica EVs

continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. It’s a Cox. appeared first on CleanTechnica.

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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.

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Cox Automotive: Wholesale used vehicle prices in US rise halfway through November compared to October

Green Car Congress

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% This brought the Manheim Used Vehicle Value Index to 234.8, The non-adjusted price increase through mid-November was 2.6%, Cox said. increase from November 2020. cumulative increase over the last two weeks.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Bowen says car prices won’t spike under new vehicle efficiency standards

The Driven EV News

Car prices won't go up under Labor's new fuel efficiency standards, Energy Minister Chris Bowen says. The post Bowen says car prices won’t spike under new vehicle efficiency standards appeared first on The Driven.

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Hyundai and Kia slash electric vehicle prices amid intensifying EV price war in home market

Electrek

In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year. more… The post Hyundai and Kia slash electric vehicle prices amid intensifying EV price war in home market appeared first on Electrek.

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