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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

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The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021. On a month-to-month basis, the average EV price in May 2021 rose 1.9%

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Volvo Cars introduces EX30 small electric SUV

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Volvo Cars revealed its first premium small SUV, the all-electric EX30, in an event in Milan, Italy. Starting price for the EX30 is around €36,000—meaning customers get a premium all-electric SUV for a similar price as an internal combustion engine-powered equivalent.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

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BlueCruise, which enables hands-free driving on highways, now will be available with the choice to experience the technology with a complimentary 90-day trial since all Mustang Mach-E SUVs will be built with the necessary hardware for the capability. Updated Pricing The above reflects MSRP as of 2 May 2023.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

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The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

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The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. New EV pricing peaked in 2022, coming down steadily since Q3 of last year. in January 2023.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

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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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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

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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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