Tesla’s share fell below 60% for the first time, but the No. 2 seller of EVs in the U.S. – Chevrolet – is a distant second. Numbers will fuel the budding used EV market further.
Twice as many vehicle shoppers considered hybrids instead of an EV and eight of 10 top selling electrified vehicles last quarter were hybrids.
CAR 2023: A closing keynote presentation draws on data and information from J.D. Power on EV adoption hurdles in the years ahead.
Quarterly sales of electric vehicles break the 250,000 mark while rising to 7.2% of total vehicle sales in the U.S.
Q2 sales of battery electric vehicles increased to 196,788, a record high and a 13% increase from last quarter.
Consumer EV data indicates which models are most in demand and likely to command higher values. Ford revs up with four models in the Top 10 of most-shopped electrified vehicles, including the F-150 Lightning, F-150 Hybrid, and Maverick Hybrid.
Sales of pure battery-electric vehicles jumped 72% to a record 147,799, the best quarter ever for EVs.
It is the highest level of interest in electrified vehicles that the Kelley Blue Book Brand Watch report has ever measured. Electrified vehicles sales soar 60%.
New entries including the Chevrolet Bolt EUV, the Ford Mustang Mach-E, and Volkswagen’s ID.4 helped drive down average EV prices.
Second quarter numbers show emerging competition for buyer choices as more models enter the market.
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