The average transaction price (ATP) for new EVs was $53,438 in June.
– as the EV market leader in America – was the main factor behind the price lowering. Another factor is represented by the inventory increases experienced by some automakers this year, with the EV category being well above the overall industry average when it comes to the number of days new cars sit on dealer lots before being bought., the EV segment days’ supply was 103 days, so just over three months, while the industry days’ supply stood at 53.
Incentives offered by manufacturers also increased in June and reached the highest point in a year, averaging $2,048 and representing 4.2 percent of the average transaction price, an increase of 0.2 points compared to May.
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