Electric Vehicle Sales Slump, Used Market Booms
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
New electric vehicle sales plummeted in Q1 due to tax credit cuts, but used EVs surged by 12% YoY and 17% QoQ. Rising gas prices and lease expirations flooded the market, driving used EV prices down to near gas car levels. By years end, EVs are expected to account for 15% of off-lease vehicles, keeping the used market thriving.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/0a7c09e67d783a9a