How Rising Gas Prices will Affect Green Car Sales with Erin Keating, Cox Automotive

The car market is shifting fast and few people have a better view of it than Erin Keating, Executive Analyst at Cox Automotive. You may not know the name Cox, but you've almost certainly used their products: Kelley Blue Book, AutoTrader, and Manheim Auctions are all under their roof, along with a treasure trove of data that spans everything from dealer inventory to EV battery remanufacturing. Craig Cole and co-host Sam Abuelsamid dig into what that data is actually showing right now. New EV sales are plateauing while used EVs are quietly surging. Roughly 30% of buyers who used to shop for new cars have disappeared from the market since 2018. And with the average transaction price hovering near $50,000, affordability is reshaping who buys what. Plus: do rising gas prices actually push hesitant buyers toward EVs, or is that assumption too simple?Chapters0:00 Introduction3:08 What Is Cox Automotive?6:15 Inside EV Battery Remanufacturing12:30 The Affordability Crisis in New Car Sales14:43 New EVs vs. Used EVs: A Split Market17:05 Which Automakers Are Winning & Losing21:01 Do Gas Prices Actually Drive EV Sales?25:20 Will Chinese Automakers Crack the US Market?32:35 Will Americans Give Up Full-Size Trucks?39:09 ConclusionsCheck out our Buyer’s Guide at https://apps.greencars.com/buyers-guideVisit GreenCars on YouTube for EV and hybrid reviews and much more:https://www.youtube.com/@greencarshq Hosted on Acast. See acast.com/privacy for more information.