skip to main content
skip to newscasts

Saturday, July 27, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Arson attacks paralyze French high-speed rail network hours before start of Olympics, the Obamas endorse Harris for President; A NY county creates facial recognition, privacy protections; Art breathes new life into pollution-ravaged MI community; 34 Years of the ADA.

view newscast page
play newscast audioPlay

Harris meets with Israeli PM Netanyahu and calls for a ceasefire. MI Rep. Rashida Tlaib faces backlash for a protest during Netanyahu's speech. And VA Sen. Mark Warner advocates for student debt relief.

view newscast page
play newscast audioPlay

There's a gap between how rural and urban folks feel about the economy, Colorado's 'Rural is Rad' aims to connect outdoor businesses, more than a dozen of Maine's infrastructure sites face repeated flooding, and chocolate chip cookies rock August.

Expert: Electric Vehicle Sales Not Slowing Down

play audio
Play

Friday, August 25, 2023   

Experts say consumer interest and sales of electric vehicles in Arizona and across the country aren't slowing down.

Arizona is among the top 10 states for EV auto registrations. Year-to-date, EV sales are up more than 50%, year over year, which Chris Harto, senior policy analyst at Consumer Reports, said is impressive, considering how much fuel prices have come down. However, in Arizona, the average gas price is currently $4.25 per gallon - about 40 cents more than the national average - which may entice Arizona drivers to make the switch.

Harto said interest rates might also turn out to be a factor in sales.

"Interest rates have gone up quite a bit, and I think that is going to have an effect on the whole vehicle market, regardless of vehicle type," he said. "We're not quite seeing a slowdown, quite yet."

He said he suspects the market is still trying to adjust and "catch up" after EVs - and vehicles in general - have been in such limited supply in recent years. While many have speculated that EV inventories are high, Harto countered that the "EV only" companies - such as Polstar, Rivian and Tesla - report "very low inventory."

Harto said affordability is top of mind for many people shopping for an electric vehicle. Consumer Reports found 70% of EV sales so far this year have been from just nine models, all of which start at less than $45,000 when incentives are factored in. He also said he recognizes many are concerned about the lack of charging infrastructure, but said that is changing. Arizona has nearly 1,000 charging stations, although more are in the works.

"You definitely have a group of consumers who are waiting for the federal funds that are going out to the states to really build out that national charging network," he said, "to give them that little extra bit of confidence."

He said a number of new requirements have either limited or changed which EVs can qualify for tax credits. So, of course, those that are eligible for tax credits seem to be selling better than those that don't.


get more stories like this via email

more stories
According to the Tax Policy Center, for higher-income earners, sales taxes consume a lower share of their income than for other households. (Vitalii Vodolazskyi/Adobe Stock)

Social Issues

play sound

As Nebraska state lawmakers convene for a special session on property tax reform called by Gov. Jim Pillen, groups are weighing in on the details …


play sound

Traveling around rural Minnesota can be difficult but in more than half the state, nonprofit transit systems are helping people get where they need …

Social Issues

play sound

Student loan forgiveness took center stage on Thursday at the American Federation of Teachers conference. The Biden administration has canceled more …


Sen. Elizabeth Warren, D-Mass., has introduced legislation to codify the Chevron Deference into law. (Adobe Stock)

Social Issues

play sound

Recent Supreme Court rulings on air pollution are affecting Virginia and the nation. Climate advocates said the court overstepped its bounds in …

Health and Wellness

play sound

World Hepatitis Day is this Sunday, and for the Oregon Health Authority, it's an opportunity to promote its plan to eliminate hepatitis across the …

The Gender Shades project revealed facial recognition performed poorest for darker-skinned women, and performed best for lighter-skinned men. (Adobe Stock)

Social Issues

play sound

Columbia County, New York, is implementing new facial recognition and privacy policies, following new upgrades to the county's surveillance cameras…

Health and Wellness

play sound

New York disability-rights advocates are celebrating the 34th anniversary of the passage of the Americans with Disabilities Act. The 1990 …

Social Issues

play sound

As summer winds down and North Carolina students prepare to return to school, the focus shifts to the urgent need for better public education funding…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021