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EV incentives reached a three-year high in July: data

Teslarati

Kelley Blue Book and Cox Automotive released the July sales report on Average Transaction Prices (ATP) on Tuesday, noting that incentives on new EV purchases reached an average of more than 12 percent of transaction prices—the highest level in more than three years, and around double that of July 2023. percent year over year.

Purchase 106
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EV prices skyrocketed in November, highlighting affordability issue

Teslarati

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4%

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Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. With this in mind, Kelley Blue Book (KBB) named its 2023 model-year brand and category winners of its 5-Year Cost to Own Awards.

F-150 145
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Hyundai launches lower-priced IONIQ 5, IONIQ 6, and Kona Electric in Korea

Baua Electric

Hyundai’s electric vehicles are becoming more affordable in Korea. Hyundai rolls out cheaper EVs in its home market “We have prepared a practical trim that will expand the range of choices and lower the barrier to purchasing an electric vehicle,” a Hyundai spokesperson said. Will the new models make their way to the US?

Hyundai 52
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Tesla bull predicts that FSD could bring $102B profit by 2032: Report

Teslarati

Loup forecasted that Tesla’s booked operating profit from upfront FSD purchases and subscriptions will increase from $600 million in 2021 to $102 billion by 2032. It notes that nearly 80% of Tesla buyers are skeptical of FSD’s value today, but the relatively affordable subscription service may build retention over time.

Tesla 145
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Dilawri Automotive Group and Plug’n Drive Launch the MEET

Plug N Drive

While walk-ins are welcome, visitors are encouraged to book their preferred appointment times using the MEET Dilawri booking calendar. “MEET Dilawri provides convenient access to potential EV buyers to experience, compare and evaluate multiple EVs in a non-sales environment.”

Canada 115
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Plug’n Drive launches electric vehicle (EV) education and test drive tour across Canada to increase public EV awareness and knowledge

Plug N Drive

Plug’n Drive has a Find Your Match app to browse and compare vehicles, cost savings, and incentives available across Canada, including the federal $5000 incentive for the purchase of a fully electric or plug-in hybrid electric car. The transportation sector accounts for about 25 percent of Canada’s overall GHG emissions.

Canada 81