Tesla leads price cuts as US EV sales post 2nd-best month ever
Tesla cut prices by 2.4% in July, helping US electric vehicle sales rise 20% year-over-year to 130,000, the second-highest monthly total recorded, according to Cox Automotive.
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7 Articles
Sales of electric vehicles (EV) in the United States skyrocketed in July. According to the original report, it is estimated that more than 130,000 units were sold, an increase of 20% compared to the previous year. However, it was not only the expiration of the tax credit that drove these sales, but also the price cuts, with Tesla being the protagonist of this strategy.The price reduction played a key role in the increase in sales.The average tra…
EV Sales Surge on Carvana - CleanTechnica
This is, without a doubt, a weird year for electric vehicle sales in the United States. We’ve got Tesla, which scores about half of the country’s sales, dropping like a rock on the back of Elon Musk sprinting manically off of a political cliff. We had weak demand at the ... [continued] The post EV Sales Surge on Carvana appeared first on CleanTechnica.
EV sales are surging before tax credits end soon. What to know if you’re one of the buyers swarming dealerships
The clock is ticking on federal tax credits for electric vehicles—and that’s pushing a lot of people who were debating whether or not to get one off of the fence. Sales are surging at dealerships for EVs, and likely will remain high for the next month and a half. That’s because on September 30, the $7,500 tax credit for new EV purchases (and $4,000 for a used one) will disappear, a move that will add challenges to an industry that already has pl…
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