Search results for Kelley Blue Book
Mobility
U.S. EV average transaction price rises in September, discounts hit year low
Average transaction prices for electric vehicles in the United States rose again in September while manufacturer discount incentives fell to their lowest level this year. Kelley Blue Book data showed the average new EV transaction price rose 2.4 percent from the prior month’s revised figure, though it was 3 percent lower than a year earlier. The price gap with internal-combustion vehicles narrowed, but incentives declined.
Mobility
Chinese EVs enter U.S. roads via Waymo and Canada-Mexico routes
Chinese-made cars could enter the U.S. market faster than expected, driven by inflows via Mexico and Canada, Waymo’s adoption of China-built vehicles and price competitiveness. Waymo is importing Zeekr Ohai minivans made in China and fitting autonomous systems in Arizona despite 127.5 percent tariffs. Canada has begun importing up to 50,000 Chinese EVs a year under a new agreement. Executives and analysts cite persistent price gaps as a key factor.
Mobility
Honda, Tesla and Volkswagen join EV discontinuation rush in U.S.
Honda has officially confirmed it will end production of the Prologue, its last all-electric model sold in the United States. The move comes as the U.S. EV market faces slowing growth and policy changes, prompting major automakers to scale back EV lineups. Second-quarter U.S. EV sales totalled 247,226 vehicles, or 5.8 percent of new-vehicle sales, data showed. Other automakers have also halted or reduced EV models.
