New Car Prices Cross $50,000 Threshold for First Time as Electric Vehicle Sales Surge Ahead of Tax Credits Sunset
‘The $20,000-vehicle is now mostly extinct, and many price-conscious buyers are sidelined or cruising in the used-vehicle market,’ one auto industry analyst says.
Workers assemble a Volkswagen ID.3 electric car on a production line at the Volkswagen electric car factory in Germany. Jens Schlueter/Getty Images
