Tag Archive for evs

Savy: Used EV prices plunging as much as 48%, creating a buyer’s market

Savvy analysis shows several popular electric vehicles are now selling at steep discounts on the second-hand market. Savvy’s analysis of RedBook vehicle pricing data highlights how rapid pricing competition in the electric vehicle market is pushing down resale values for some early models. As manufacturers introduce new EVs and adjust pricing to stay competitive, used…

300,000 EVs on Aussie roads

Australian drivers have put more than 300,000 electric vehicles on the road, signalling a shift toward cleaner, more affordable transport, the Electric Vehicle Council said. Analysis of EVC and public data shows that of the electric vehicles that have been sold in Australia, about 248,000 are battery electric and about 53,500