Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
Its 2022 deliveries were up 44%.
Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
Safety issues affected 8.6 million vehicles.
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.
Pied Piper Management Company research shows local new car and truck dealerships outperform factory direct sales in customer satisfaction.
Aims to compete with Tesla via ‘solidly profitable’ lineup in 2025.
Rankings based on latest Kelley Blue Book reports.
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