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InsideEVs
InsideEVs
Business

This Is What Happened To EV Prices When The Tax Credit Went Away

  • Edmunds reports that EV average transaction prices shot up $5,000 in October, a month after the tax credit came to an end. 
  • Leasing rates slowed down as the deals cooled off—further proof that the new EV market was overly reliant on leasing.
  • But there are reasons for optimism, including people's growing enthusiasm for electrification.
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