Carvana EV Trends Report Reveals Broadening Appeal and Accessibility of Used EVs
Carvana Co. Class A (CVNA)
Last carvana co. class a earnings: 2/26 04:05 pm
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Source: Business Wire
EV Category is attracting buyers of all ages and income levels PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q2 2024. The report focuses on the evolving profile of the used EV buyer, highlighting the category’s increasing adoption by mass-market buyers of all ages and income levels.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723180411/en/Family charging an electric vehicle (Photo: Business Wire)Key findings from the report1 include:Millennials continued to dominate the EV market, making up 65% of Carvana’s EV sales in Q2 2024 and over-indexing in EV sales relative to their share of Carvana’s overall sales mix.Gen Z, whose EV purchases were about $2,000 cheaper on average than Carvana’s overall EV average selling price in Q2 2024, are likely to grow in share as EVs get more affordable.Increasing selection at accessible price poi
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