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Kelley Blue Book: Americans Bought Nearly 1.2 Million EVs in 2023

Tomorrow's Technician

Electric vehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% of all new cars sold. The average price paid for a new EV in December 2023 was $50,789. ” Tesla continues to dominate the EV market; 55% of the electric vehicles Americans purchased in 2023 were Tesla products.

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Kelly Blue Book: Americans Bought Nearly 1.2 Million EVs in 2023

Brake & Front End

Electric vehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% of all new cars sold. The average price paid for a new EV in December 2023 was $50,789. ” Tesla continues to dominate the EV market; 55% of the electric vehicles Americans purchased in 2023 were Tesla products.

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Global EV Sales Expected to Triple in 2024

Brake & Front End

After a 3% increase last year, the annual EV sales growth rate is expected to triple and hit 10% in 2024, resulting in almost 12 million new EVs on the road. Although tax incentives have made electric vehicles like Tesla a bit more accessible, they still cost more than gas cars. By 2028, total sales will jump to over 4.8

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Global EV Sales Expected to Triple in 2024

Tomorrow's Technician

After a 3% increase last year, the annual EV sales growth rate is expected to triple and hit 10% in 2024, resulting in almost 12 million new EVs on the road. Although tax incentives have made electric vehicles like Tesla a bit more accessible, they still cost more than gas cars. By 2028, total sales will jump to over 4.8

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Is Marketing Both the Problem and Solution for the EV Market?

AutoSuccess

With Tesla having fueled the early adopter phase and establishing the luxury end of the EV market, EVs are now going mass. This makes car shopping for an EV a new and different experience than what shoppers are used to. What incentives and government policies exist to make EV buying and owning financially attractive?