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The average price of a new electric vehicle is now $66,000, up 4% from the previous month and up 14% from last year, according to Kelley Blue Book estimates. Take a Look Back: 2022 Year in Review
In addition to cutting prices of its volume EV seller, ... Langan forecast around $2.2 billion in EBIT a quarter for the rest of the year, implying a "base case exit pace of ~$8.8B for the year ...
Tesla and BYD’s cutthroat EV price war is driving Volvo spinoff Polestar to the precipice—and it may need a lifeline Christiaan Hetzner January 24, 2024 at 5:18 AM
According to auto research firm iSeeCars.com, used EV prices are collapsing more than those in the overall used car market. In the firm’s June 2023 report, the data shows that used EV prices ...
It's a fairly big deal since BYD didn't launch its first EV in Japan until early 2023, and it quickly gained ground thanks to its more affordable starting price around $30,000 for its Atto 3 SUV.
But the EV could likely still arrive on U.S. shores for tens of thousands of dollars cheaper than the current average price of an EV in the U.S., which Cox Automotive reports is more than $52,000.
In fact, China's EV price war has gotten so bad that more than 200 car models saw price cuts in 2024, up from the 148 models in 2023, according to the China Passenger Car Association's secretary ...
The debilitating year-long price war instigated by Tesla CEO Elon Musk in his ongoing quest for leadership of the EV industry has claimed its latest victim.. After both his company and archrival ...