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A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
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Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
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An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
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The company says the offering is designed to empower administrators, service contract providers, and product marketers to expand automotive and power-sports capabilities.
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Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
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A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
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U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
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Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
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The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
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According to an Alliance for Automotive Innovation analysis, optimized EV charging could cut costs for drivers and improve grid infrastructure - potential adoption incentives.
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