CleanTechnica•about 17 hours ago
Non-Tesla Used EVs Drop In Price By About $1,000
Key Takeaway
The elimination of federal EV subsidies is directly impacting consumer EV prices, a policy shift that could influence the rate of EV adoption and thus future electricity demand growth for power developers and large consumers.
AI Summary
- •Federal consumer EV subsidies, including a $4,000 tax credit for used EVs, have been eliminated by Congress and Donald Trump.
- •Following the removal of these subsidies, non-Tesla used EV prices have dropped by approximately $1,000.
- •This policy change and its impact on EV pricing could influence the pace of EV adoption, affecting future electricity demand growth projections relevant to power developers and large consumers.
Topics
oempolicy
Article Content
Since Republicans in Congress and Donald Trump decided to kill all federal consumer EV subsidies, including the $4,000 tax credit for buying a used EV, there have been questions about the result on sales and the results on pricing. In the case of used EVs, would prices come down? Would ... [continued] The post Non-Tesla Used EVs Drop In Price By About $1,000 appeared first on CleanTechnica .