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InsideEVs
InsideEVs
Business

Electric Vehicle Prices Plummet: 14 Percent Drop Compared To Last Year

electric vehicle Tesla Inc.

Potential electric car buyers waiting for prices to drop might want to glance at this new development. The average transaction price for EVs was down 14 percent in May 2023, compared to the same period last year, according to the latest pricing and sales data compiled by Kelley Blue Book.

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