SMRTR TechNov 13, 2024TechSpot

Wave of upcoming off-lease EVs set to reshape US pricing

SMRTR summary

The U.S. electric vehicle market faces significant shifts by 2026, with over 250,000 off-lease EVs expected and new EV prices dropping to an average of $35,900. This price decrease, coupled with expanding EV lineups from automakers, will increase affordability for many buyers. However, uncertainties surrounding tax credits and incentives may impact future market trends.

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