Carvana’s Post

I find the trade-in data fascinating. It's interesting to see that the top trade-ins for the Tesla Model 3 are vehicles like the Honda Civic and Toyota Camry.

Looking for the latest insights into the used EV market? 🔌 Check out our Q2 EV Trends Report to learn what generation buys the most EVs from Carvana, what our customers trade in when they get an EV, and more! #ev #evs #auto #automotive #research #news #autonews

Autoline Daily 2024: Top Industry News for April 2 EV Sales Nosedive in EU; World’s Fastest Charging EV; VW Tech Scares Kangaroos Away from Cars http://spr.ly/6041Z0fdx #Automotive #AutomotiveTechnology #IndustryNews

It's all in the numbers. Globally, 1.4 million BEVs and PHEVs were sold in November, with sales in December expected to stay strong. (https://lnkd.in/e4Ff4m9z) While in the ten months through October, sales of fully electric cars were up 53.1%, with fully electric models, plug-in hybrids and full hybrids accounting for over 47% of all new passenger car registrations. (https://lnkd.in/em3z8M8n) The future's now - and it's electric! #evs #electricvehicles #evtransition

EVs are speeding ahead, following the first exponential. This is not a fad, it’s not a matter of availability or price of this or that mineral or metal, it not just in Norway and it certainly has nothing to do with subsidies. EVs is a disruptive technology which is displacing an expensive and less efficient combustion based propellant. There are strong headwinds at the moment, including: 1. Biden and EU dropping the first trade war bombs attacking Chinese EVs 2. Raw material inflation continuing 3. Legacy Auto anti-EV marketing 4. Slower capex due to political interference in EU and US 5. High interest rates making leasing more expensive 6. Electricity still taxed much higher per kWh than fossil fuels All these will not matter to the long trajectory of EV growth, only cause a unnoticeable notch in the growth curve.

Rising EV sales lift market: UK’s new vehicle sector delivers its best May performance since 2021. #societyofmotormanufacturersandtraders #smmt #uk #new #cars #sales #registrations #may #fleets #business #evs #phevs #hybrids #carnews

🚗🔋 🇳🇴Norway Hits Record #EV Sales in July with 94.3% of all vehicle sales being electric (with 91.9% BEVs and 2.4% PHEVs). 🇨🇳In China, 50% of vehicle sales in June were EVs. With 97% of Chinese consumers planning to go all-electric next, could China hit 94% by 2030? Interetingly the share of 🇪🇺European consumers who said their next vehicle will be all-electric has not changed over the past 3 years at 43%. And it stayed at 35% in the 🇺🇸U.S. #Sustainability #ElectricVehicles #Emobility Pierre Bagnon, Laurence Noël, Vincent Charpiot, Emmanuelle BISCHOFFE CLUZEL🌍, Christian Hummel, Siren Sundby

AUTOMOTIVE INDUSTRY: U.S. CAR MARKET PROJECTIONS FOR Q3 2024. EV SALES TO GROW +8% YOY WHILE UNCERTAINTIES REMAIN. As the quarter quickly comes to its end, Cox Automotive Inc. have released their projections for Q3 with many valuable insights. #carmarket #newcarmarket #autosales #autodealers #dealerships #vehiclesales #vehicleregistrations #usedcarsales #evsales #evadoption #consumer #consumersentiment #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #alternativeenergy #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #Q32024 #Q32024results #outlook #2024outlook #usa #unitedstates #america

Is the EV Bubble about to burst? Manufacturers are pulling back on their roll out of BEV, recently Mercedes and Audi have switched their position (adjusted?) Now Aston Martin Lagonda Ltd have delayed any release of their EV to at least 2026. Used car values residuals are poor (understatement) and once out of warranty, can owners risk huge battery replacement costs? Link that to public charging being in some cases on a par with ICE refuelling, it doesn’t look good. What are your views - time to buy a sub £20k Tesla Model S with free charging and risk it? https://lnkd.in/ex3-iRS6

May I know what EV tools would you need to prepare? [EV sales in Australia rose sharply in 2023] Model Y SUV topped the sales making up 33% of the total EV sales. #automotive #evcharging #TeslaAustralia