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Leasing Data Proves the Only Thing Stopping Mass EV Adoption Is Price

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Summary
Nutrition label

78% Informative

Despite headwinds, EV sales are up in the US for Q3 2024 , according to Cox Automotive .

Low lease deals and higher-than-average incentives have helped boost sales, but so have cheap leases and high incentives.

Mercedes-Benz saw sales for its three EV models fall by 42 percent from Q3 2023 to 2024 .

EV sales accounted for a record-high 8.9 percent of new car sales last quarter .

VR Score

81

Informative language

82

Neutral language

30

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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