iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.
Reaching the Biden Administration’s goal of 50% of U.S. new vehicle sales being BEVs by 2030 is unlikely, says Jack Hollis of Toyota in a webinar.
Tesla faces new competition as new electric vehicle manufacturers come onto the scene.
The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.
With these advertising strategies in mind, dealers focusing on promoting EVs will certainly gain a leg up on the competition and electrify more interest in their local markets!
Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.
But the automaker remains bullish that stronger results are possible in the second half of the year.
The EV automaker appears positioned for another growth phase as long as the global economy stays strong, analysts say.
TransUnion study compares electric vehicle and traditional internal combustion engine buyers.
One-quarter of Americans say they will consider an electric vehicle for their next vehicle.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In