This isn't the first time poor resale value has threatened EV adoption. A recent study by ISeeCars revealed that the average price of a used EV fell 31.8% year-over-year, a huge delta compared to ...
Not every consumer may be as confident as Vanwert when shopping for a used EV — with worries about battery health, resale value and a lack of charging infrastructure topping concerns ...
If environmental impact were your only consideration when car buying, the choice between an electric vehicle (EV) and a gas vehicle would be easy. But for many buyers, there is also the very ...
Electric vehicle adoption is set to surge over the next several years, driven by technological advancements, the expansion of ...
Some jurisdictions are already banning new gas car sales. If you want to retain decent resale value in the future, a newer EV model is the smart choice.
But rewarding some early adopters with a massive hit to their EV resale value isn't exactly the way to earn brownie points with those customers — who are largely, well-off, early-adopting ...
New data from Kelley Blue Book reveals that electric vehicle sales have reached a record high, showing an 11% year-over-year growth in the third quarter of 2024. Yahoo Finance Autos Reporter Pras ...
Despite a steady drumbeat of bad news for EVs, it may surprise some to hear EV sales in the US are actually rising and nearing a major milestone. According to Cox Automotive’s Kelly Blue Book ...
EV sales surged 11% year-over-year in Q3, with 346,309 units sold, representing 8.9% of the total U.S. market. Kelley Blue Book data reveals EV incentives hit an average of 12% in Q3, driving ...
As carmakers cut prices, the resale value of existing vehicles plummets, which was quite obvious for owners of the Tesla Model 3 and Model Y in the past two years. Since Tesla's EVs dominate the ...