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Tag: electric vehicles

Tag: electric vehicles

Bank of America predicts national EV penetration at 25% by 2027 

Bank of America estimates that EV sales penetration will slowly build over the next three years

Amanda Harris
  • June 18, 2024

EV maker Fisker files for bankruptcy after its glitchy SUV flops

Fisker Inc. filed for bankruptcy on Monday, months after the electric-vehicle startup stopped production of its

Bloomberg News
  • June 18, 2024

Ford expands EV offerings to all US dealers to juice sales

Ford Motor Co. will sell its lineup of electric vehicles through all 2,800 of its US

Bloomberg News
  • June 13, 2024

Bank of America’s EV, hybrid originations ‘significant’ 

Bank of America remains bullish on EV sales as its financing volume for EVs and hybrids

Amanda Harris
  • June 12, 2024

Leasing reaches 35% of new EV purchases

Leasing has become an attractive option for EV consumers, nearly tripling in the first quarter from

James Van Bramer
  • May 30, 2024

Auto lenders weigh sustainability in decisioning 

Auto lenders are considering environmental factors when making financing decisions, a move that could affect which

Amanda Harris
  • May 29, 2024

Lucid to cut 400 jobs in latest sign of stress for EV market

Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by

Bloomberg News
  • May 24, 2024

Li Auto sales disappoint amid tepid demand for electric cars

Li Auto Inc.’s first-quarter vehicle sales missed analyst estimates as deliveries of its first all-electric car

Bloomberg News
  • May 20, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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Market Data

Auto Loan Rate Index

Today

6.85%

+0.15%

Lease Penetration

MTD

28.4%

+2.1%

Subprime Approvals

MTD

42.7%

-1.3%

Days to Finance

MTD

718

+3

Days to Finance

MTD

38

+2

Days to Finance

MTD

142 bps

-8

Last updated: March 30, 2026, 2:45 PM EST

View Complete Market Report →

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