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Kelly Blue Book projections suggest that U.S. EV sales are on track to hit about 1.3 million in 2024. EVs hit an all-time high share of new vehicle sales at nearly 9%, compared with a scant 3% ...
This decline is also impacting Tesla, which has seen its share of EV sales shrink in 2024. WHAT'S NEXT US auto sales are set to hit 16.18 million units in 2025, up 1.2% from this year, according ...
Despite worries of a slowing EV market in 2024, September ended up setting records for sales of electric vehicles, according to a recent report from intelligence firm Rho Motion.. Manufacturers ...
In the United States and Canada, EV sales were up 16.8% at 0.17 million, while Europe had sales of 0.28 million, down slightly year on year but up 7.7% from October. In the rest of the world ...
KBB found that EV lease penetration climbed to 42.7% (as opposed to buying outright or financing) at the end of the quarter, having risen steadily since December 2022, when the federal government ...
Edmunds, an online car shopping resource, put the average price of a used EV at $50,000 as recently as December 2022 but now estimates it at about $37,000.
In 2023, the first full year of the credit, EV sales jumped 46% year over year to 1.19 million, compared to 813,000 in 2022, according to Cox’s Kelly Blue Book.
While GM has withdrawn most of its previously announced electric vehicle targets, the automaker believes its EV sales momentum is finally building thanks to an expanding lineup of all-electric ...