EV leasing doubles YoY as sales growth slows
Sales rose 2.6% YoY, but fell 15.2% QoQ
The share of leased EVs more than doubled year over year in the first quarter as the EV sales rate continued to slow. In Q1, roughly 27% of all EVs were leased, largely because many leased EVs qualify for the full $7,500 federal tax credit under the Inflation Reduction Act, according to Kelley Blue Book. EV sales […]
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