average price paid for an EV in February was $52,314, down from a revised $54,863 in January

EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%

prices for the Model Y last month, estimated at $49,363, were the lowest on record and were lower versus February 2023 by 16.2%

Model 3 transaction prices last month, at $43,614, were lower year-over-year by 12%

important to acknowledge that EVs remain priced above mainstream non-luxury vehicles by nearly 19%



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