EV buyers spent an average of $58,000 on new cars in December 2025

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  • The average price of a new electric vehicle in December 2025 was $58,034, up from the previous month.
  • This price hike occurred despite manufacturers offering significant incentives averaging more than $10,000 per vehicle.
  • Total EV sales in 2025 will be approximately 1.28 million units, down 2% from the previous year.

Electric vehicle buyers spent an average of $58,034 on new models in December 2025, as automakers ended the first quarter without a $7,500 federal tax credit on plug models that expired in September, new data from Kelley Blue Book shows.

According to the group, the average price of a new EV in December rose 2.4% compared to November’s average price of $56,691. The surge in EV prices occurred despite higher incentives introduced in December, with the typical discount being 18% of the average transaction price for that month, or more than $10,000, according to Kelley Blue Book.

Kelley Blue Book said the incentives boosted U.S. EV sales by more than 84,000 units in December, making it the best month for sales of plug-in models since the federal tax credit expired in September, the group said.

What was the average selling price of the largest EV manufacturers?

According to Edmunds.com, Tesla is an American electric vehicle company. The average sales price in December 2025 was $53,680.

Here are December prices for other top EV manufacturers listed by Edmunds:

  • BMW | $72,137
  • Ford | $58,445
  • Volkswagen | $58,440
  • General Motors | $55,805
  • Hyundai | $38,893
  • Honda | $38,884

How many EVs did automakers sell in 2025?

Kelley Blue Book estimates that automakers will sell about 1.28 million EVs in 2025, down 2% from 2024.

According to the group, EVs will account for 7.8% of all new cars sold in 2025, down from 8.1% in 2024.

The group said EV sales in 2026 are “expected to be roughly flat thanks to new model launches and continued improvements to U.S. charging infrastructure.”

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