<div id="readability-page-1"><div>  <p>I just covered iSeeCars’ analysis of used EV prices and market share in September 2025 and January 2026. They also analyzed new car prices, and I wanted to dive into that analysis separately to not confuse things and to highlight both parts of the market separately. Overall, the trend for new electric car prices is that they’ve dropped by 2.3% in the last 4 months while the prices of new gas cars rose by 2.5%. (Note that the data exclude Teslas, though.)</p> <p>In the case of electric vehicles (not including Tesla), the average list price dropped from $63,327 in September 2025 to $61,860 in January 2026. In the case of gas-powered cars, the average list price rose from $46,290 to $47,427. Note that this also indicates electric vehicles are still more heavily in premium-class segments — and price trend changes could be more related to vehicle class differences than other factors. Most likely, though, EV prices have come down because the $7,500 US EV tax credit has gone away, leading to the market adjusting a bit to adapt to that. In fact, it was lower-cost EVs that saw the biggest price cuts, while several premium-class models actually saw price increases.</p> <p>iSeeCars did also break out price trend changes by model for more than a dozen models. “Breaking out new electric vehicle pricing by model identifies several EVs with larger price drops than the 2.3% average. The Hyundai Ioniq 5, Chevrolet Equinox EV, Jeep Wagoneer S, Ford F-150 Lightning, Volkswagen ID. Buzz and Kia Niro all dropped more than 5%, or between $2,000 and $7,200. Two of these models, the F-150 Lightning and ID. Buzz, have also been cancelled for 2026,” the website noted.</p> <p><img height="1765" src="https://imageproxy.pbkrs.com/https://cleantechnica.com/wp-content/uploads/2026/02/NEW-EV-average-price-drop.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="2131" original-src="https://imageproxy.pbkrs.com/https://cleantechnica.com/wp-content/uploads/2026/02/NEW-EV-average-price-drop.png"/></p> <p>“When looking at which new electric cars have dropped the most in price we see primarily mainstream nameplates from mainstream brands – models that likely relied heavily on the $7,500 credit to spur consumer purchase,” said Brauer. “Conversely, higher-priced luxury models targeted at customers who aren’t as price sensitive are the EVs that have gone up the most in price.”</p> <p>If you’re looking for a great deal, it does seem like the IONIQ 5, with a greater than $7,000 price drop in 4 months — a 13.8% drop! The Chevy Equinox EV is right on its tail, too, with a nearly $4,000, or 8.7%, price cut.</p> <p>There are some great deals out there, but it sure looks like the IONIQ 5 and Equinox EV are offering ridiculously good options for new vehicles.</p> </div></div>

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<p>New electric vehicle (EV) prices in the USA have dropped by 2.3% over the last four months, averaging $61,860, while gas car prices rose by 2.5%. The decline in EV prices is attributed to the removal of the $7,500 tax credit, with lower-cost models seeing the largest reductions. Notable price drops include the Hyundai Ioniq 5 (over $7,000) and Chevrolet Equinox EV (nearly $4,000). Premium models, however, have experienced price increases, indicating a shift in market dynamics.</p>

- iSeeCars analyzed used EV prices and new car prices, revealing a 2.3% drop in new electric vehicle prices and a 2.5% increase in new gas car prices from September 2025 to January 2026.  
- The average price of electric vehicles fell from $63,327 to $61,860, while gas cars rose from $46,290 to $47,427, likely due to the absence of the $7,500 US EV tax credit.  
- Significant price drops were noted for models like the Hyundai Ioniq 5 and Chevrolet Equinox EV, indicating good deals in the current electric vehicle market.

cleantechnica

Ping An CSI New Energy Vehicles Industry ETF

General Motors

First Trust S-Network Future Vehicles & Tech ETF

LEAPMOTOR

Hwabao WP CSI Intelligent Electric Vehicle ETF

Hua Xia CSI New Energy Vehicles ETF

Global X Autonomous & Electric V

Li Auto

LI AUTO-W

New EV List Prices Drop $1,500 in 4 Months in USA