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Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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SEARCHMENUSEARCHWhile North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
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Company reports that de-icing agents can cause frame corrosion.
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Joins growing list of retailers boosting or starting their own infrastructure.
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Just two of its EV, hybrid models qualify for full federal break after stricter limits issued.
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Sales reflect improved inventories across industry over last year.
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Move comes despite calls from officials to retain it for public safety.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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Still, rising competition and an uncertain economy threaten EV maker's quarter-on-quarter sales growth.
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It reported that US retail sales rose 15% while fleet sales jumped 27%.
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