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DETROIT (AP) — New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates.<a class="excerpt-read-more" href="https://whdh.com/news/us-first-quarter-auto-sales-grew-5-1-despite-high-interest-rates-but-ev-growth-slows-further/">Read More</a>
New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed to 3.3%
Average sales prices in March were $44,186, down 3.6% from a year ago.
New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a lack of charging stations.
The study provides the first evidence that electrified vehicles are lowering carbon emissions in the Bay Area, researchers say.