How Rising Gas Prices will Affect Green Car Sales with Erin Keating, Cox Automotive

The car market is shifting fast and few people have a better view of it than Erin Keating, Executive Analyst at Cox Automotive. You may not know the name Cox, but you've almost certainly used their products: Kelley Blue Book, AutoTrader, and Manheim Auctions are all under their roof, along with a treasure trove of data that spans everything from dealer inventory to EV battery remanufacturing. Craig Cole and co-host Sam Abuelsamid dig into what that data is actually showing right now. New EV sales are plateauing while used EVs are quietly surging. Roughly 30% of buyers who used to shop for new cars have disappeared from the market since 2018. And with the average transaction price hovering near $50,000, affordability is reshaping who buys what. Plus: do rising gas prices actually push hesitant buyers toward EVs, or is that assumption too simple?

Chapters

0:00 Introduction

3:08 What Is Cox Automotive?

6:15 Inside EV Battery Remanufacturing

12:30 The Affordability Crisis in New Car Sales

14:43 New EVs vs. Used EVs: A Split Market

17:05 Which Automakers Are Winning & Losing

21:01 Do Gas Prices Actually Drive EV Sales?

25:20 Will Chinese Automakers Crack the US Market?

32:35 Will Americans Give Up Full-Size Trucks?

39:09 Conclusions

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