The average incentive package for a new EV was 14.8% of the average transaction price (ATP), or approximately $8,162, the highest level in more than five years, according to the latest monthly new-vehicle ATP report from Cox Automotive’s Kelley Blue Book.
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US EV prices held steady in January, and incentive spending dropped 3.1% from December, according to the latest monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book.
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EV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.
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US EV sales will continue to grow in the year ahead, accounting for 1 in 4 vehicles sold in 2025, according to Cox Automotive’s 2025 Outlook.
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New EV sales were strong in November, with early estimates pointing to the second-best month ever in the US, just behind August 2024, according to Kelley Blue Book. Like the new vehicle market at large, generous incentives are driving the momentum.
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In September, the Tesla Cybertruck average transaction price (ATP) rose to $116,706, the highest point since launch, according to Kelley Blue Book data released today.
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Incentive packages for all cars were higher overall in August, but EV incentive packages continue to trend well above industry averages, reports Kelley Blue Book.
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EV prices in July were higher month-over-month but lower year-over-year – and the Tesla Model 3 price was up an eyebrow-raising 30% from January, reports Kelley Blue Book.
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EV prices are trending slightly higher in June because of Tesla Cybertruck sales, reports Kelley Blue Book.
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Tesla posted larger-than-average ATP (average transaction price) increases month-over-month in April, but its prices were lower year-over-year, reports Kelley Blue Book.
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EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book.
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Kelley Blue Book released its new vehicle average transaction price report today, and it shows the average price paid for an EV in September was $50,683, down from more than $65,000 a year ago.
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Tesla cleaned house in the 2020 Kelley Blue Book Luxury Brand Image awards announced today. In fact, if it weren’t for an aberration in the “Most Trusted” category, Tesla would have gotten the full 6 category sweep.