Electric vehicles (EVs) have been revolutionizing the automotive industry, offering eco-friendly alternatives to traditional gasoline-powered cars. Recently, a notable shift has occurred: for the first time since February 2023, the average price of an EV has fallen below Tesla’s average. This intriguing trend has significant implications for the market, consumers,
The global shift towards electric vehicles (EVs) has encountered a significant roadblock — the price tag. According to a survey conducted by S&P Global Mobility, nearly half of the 7,500 respondents worldwide cited high EV prices as the leading barrier to adoption. Despite a notable drop in average EV prices
Would you rather collect 80% of an accurate appraisal or 20% of an inflated one?
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