New Electric Vehicle Financing Grows More Than 30% Year-Over-Year, According to Experian Report
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Experian's Q3 2024 report shows a significant increase in electric vehicle financing, with a 30% year-over-year growth. EVs now account for over 10% of new vehicle financing, driven by tax credits and affordable models.
December 05, 2024 | 2:45 pm
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Experian's report highlights a 30% increase in EV financing, indicating strong consumer interest and potential growth in the automotive finance sector.
Experian's report shows a significant increase in EV financing, which is a positive indicator for the company's automotive finance data services. This growth suggests increased demand for Experian's insights and analytics in the EV market.
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