Prospective electric-vehicle drivers may have to do some California Dreamin' if they want to get a new EV in the Golden State because – surprise – people like EVs when they drop in price.
The Honda Fit EV and the Fiat 500e are among the plug-in models that have seen a jump in demand in California after lower monthly lease rates were announced, the Los Angeles Times reports. Honda has sold out of its lease-only California allocation after dropping its monthly lease rate late last month to $259. Honda initially set a $389 lease rate last year. Meanwhile, the yet-to-debut Fiat 500e has its own waiting list. Fiat announced its lease rates, which start at $199 a month, in April.
US plug-in vehicle sales through May jumped 75 percent from a year earlier to almost 24,000 vehicles, with Nissan Leaf sales almost tripling to more than 7,600 vehicles. And those plug-in sales numbers don't include the Tesla Model S, which sold 4,900 units during the first quarter but doesn't release monthly figures.
The Honda Fit EV and the Fiat 500e are among the plug-in models that have seen a jump in demand in California after lower monthly lease rates were announced, the Los Angeles Times reports. Honda has sold out of its lease-only California allocation after dropping its monthly lease rate late last month to $259. Honda initially set a $389 lease rate last year. Meanwhile, the yet-to-debut Fiat 500e has its own waiting list. Fiat announced its lease rates, which start at $199 a month, in April.
US plug-in vehicle sales through May jumped 75 percent from a year earlier to almost 24,000 vehicles, with Nissan Leaf sales almost tripling to more than 7,600 vehicles. And those plug-in sales numbers don't include the Tesla Model S, which sold 4,900 units during the first quarter but doesn't release monthly figures.
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