Cox Automotive collects the most extensive data on US EV sales, through its long famed and respected arm Kelley Blue Book. In the opening paragraph of its latest report on the market, the company provided a slight silver lining: “At 216,399, EV sales in Q1 were lower by 7.8% compared … [continued]
It’s a mystery wrapped in an enigma: If EV sales are crashing, why are hundreds of new public EV charging stations still popping up all over the country like mushrooms after the rain? There are more than a few answers to that question, and the coming wave of used EVs … [continued]
Kelley Blue Book came out with its monthly US auto sales report this week. As part of that, it report jumping electric vehicle sales in the country. We have to wait until next week for most of the details, but KBB put out a few key stats. US EV sales … [continued]
The tariffs imposed unilaterally by the current administration have sparked a surge in new car sales but it won’t last long.
The EV revolution in the US is building momentum despite determined opposition from the current administration.
EV sales were 9 percent of total new car sales in the US in September. Cox Automotive expects the to crack the 10 percent barrier soon.
I’ve gotten a lot more background on how the EV lease element of the Inflation Reduction Act came to be what it is. It’s an interesting story for another day. But a key here today is that leasing has become a much bigger portion of electric vehicle sales in the … [continued]
The latest report from Cox Automotive says electric car technology is gaining traction, if more slowly than many would like.
Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. It’s a Cox auto industry update on new-vehicle average transaction prices. Most of it is just trends in the overall auto industry. However, they decided to slip in some big notes regarding electric … [continued]
A report has just come out indicating that “electric cars are piling up” on auto dealer lots. It’s an interesting scenario, especially when you consider that lack of electric vehicle supply compared to consumer demand led to large electric vehicle markups on dealer lots not that long ago. So, what … [continued]
