"Unbeatable Deals: Massive Discounts on Electric Cars for Budget-conscious Consumers"

1 min read
Source: CNN
"Unbeatable Deals: Massive Discounts on Electric Cars for Budget-conscious Consumers"
Photo: CNN
TL;DR Summary

Automakers and car dealers are offering significant discounts on electric vehicles (EVs), particularly luxury models, due to growing competition and consumer preference for hybrid models. Tesla, facing increased competition, has aggressively cut prices to maintain market share. The average price paid for a non-Tesla EV in the US went for about $2,000 under sticker price, a much deeper discount than the industry average. EV buyers are now getting more value for their money, with discounts ranging from $2,200 to over $7,200 on models like the Volkswagen ID.4 and Audi E-Tron GT. These discounts do not include government tax incentives, which can further reduce the cost of EVs.

Share this article

Reading Insights

Total Reads

0

Unique Readers

2

Time Saved

3 min

vs 4 min read

Condensed

85%

700107 words

Want the full story? Read the original article

Read on CNN