Electric Vehicle Models: Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to demand across segments.
The introduction of the fully electric ID. Buzz will also include an extra-long version that can seat up to seven passengers and features a larger 85 kilowatt hour (kWh) battery to increase range.
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell. The group said the average retail listing prices for used EVs was around $43,400, down 4 percent from the same quarter last year and significantly below the average new EV price of about $59,000. On Thursday, Tesla cut prices in the United States between 2 percent and nearly 6 percent, the fifth such cut this year.