That's 12% more than your average gas-powered car. But these numbers don't tell the full story. The average transaction price (ATP) of a new EV hit a whopping $55,544 in December 2024. This number was ...

Tesla’s Cybertruck has become America’s fifth most popular electric vehicle, outselling Ford’s F-150 Lightning ute, but overall 2024 was a disappointing year for the Elon Musk-helmed tech company.