The 'anti-Tesla' gives American buyers more good news

A little-known EV startup is making waves in a troubled industry.

Jun 5, 2025 - 14:52
 0
The 'anti-Tesla' gives American buyers more good news

Anyone who's tried to buy a new car recently knows that the market is becoming increasingly complicated, mostly due to rising prices.

Data from the consumer price index (CPI) shows that new car prices have surged 22% since 2019. Despite decreasing slightly in 2024, they are back to trending upward. Meanwhile, mounting supply chain pressure has pushed up some used car prices to more than $30,000 for the first time in two years.