June EV Sales Fall 15% as New Prices Rise to $56,238
Updated
Updated · Cox Automotive · Jul 15
June EV Sales Fall 15% as New Prices Rise to $56,238
1 articles · Updated · Cox Automotive · Jul 15
Summary
New EV sales fell to 74,967 units in June, down 15.2% from May and 27.8% from a year earlier, while used EV sales dropped 15.6% month over month to 35,253.
Softer demand drove the pullback, but pricing moved higher: new EV average transaction prices rose 3.5% to $56,238 and used EV listing prices climbed 3.5% to $38,342 as lower-priced brands lost share.
Tesla sold 40,460 new EVs and lifted its share to about 54% because its decline was milder than the broader market; Rivian was the only higher-volume brand to post a monthly gain, up 8.3%.
Inventory also increased, with new EV days' supply rising to 81 days and used EV supply to 38 days, though both remained below year-earlier levels and used EV supply stayed below ICE+ for a fourth straight month.
Used EV sales still ran 20.3% above 2025 levels as off-lease returns and trade-ins expand supply, reinforcing the segment's growing role in affordability and longer-term EV adoption.