News – Cox Automotive Inc.

Hybrids Still Dominate Electrified Vehicle Shopping, According to Kelley Blue Book 05/23/2023 Despite the massive attention on electric vehicles and new tax credits for them, hybrid vehicles continue to be more popular among vehicle shoppers, according to the Kelley Blue Book Brand Watch™ report for the first quarter of 2023. The Kelley Blue Book Brand Watch report is a consumer perception survey that also weaves in shopping behavior to determine how a brand or model stacks up with… Read Article

Kelley Blue Book Brand Watch Electrified Vehicles EV sales Market Insights Data Point

Rapid Growth: Sales of Used Electric Vehicles Increase by 32% in Q1, According to Cox Automotive Estimates 04/07/2023 ATLANTA (April 7, 2023) – According to data assembled by Cox Automotive, the world’s largest automotive services and technology provider, the market for used electric vehicles (EVs) in the U.S. is beginning to accelerate rapidly as more used EVs become available and buyers snap them up. The rapid growth of new EV sales in the U.S. has been well documented; Cox Automotive is forecasting sales of… Read Article

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More Shoppers Consider Hybrids Than EVs, According to Kelley Blue Book 03/01/2023 Shopping for electrified vehicles, which includes both hybrids and EVs, has stabilized, with almost 25% of new-vehicle shoppers considering an electrified model, according to the latest Kelley Blue Book Brand Watch™ report. However, when it comes to the specific type of electrified vehicle, hybrids seem to be more popular, with 18% of electrified shoppers considering a hybrid, compared to only 9% who were interested in EVs.… Read Article

Kelley Blue Book Brand Watch Electrified Vehicles EV sales Market Insights Data Point

Interest in Electrified Vehicles Holds Steady in Q3, as EV Sales Soar 11/11/2022 Of all new-vehicle shoppers in the third quarter, 27% considered an electrified vehicle, which includes full electric vehicles (EVs), hybrids and fuel-cell vehicles, according to research from Kelley Blue Book. That is the same percentage as in the second quarter and just shy of the peak of 28% in the fourth quarter of 2021. Hybrids and plug-in hybrids (PHEVs) continue to be more popular among shoppers,… Read Article

Kelley Blue Book Brand Watch Electrified Vehicles EV sales Market Insights Data Point

Electrified Vehicle Sales Accelerate in Q2 07/19/2021 The U.S. auto market has seen growth this year in nearly every segment, but no segment is growing more quickly and more relentlessly than electrified vehicles – the combined total of electric vehicles (EVs), hybrids and plug-in hybrids. According to an analysis of Q2 data from Kelley Blue Book, sales of pure EVs passed 100,000 units in the quarter – a first – and hybrids sales were over 250,000. In the second quarter, total new-vehicle sales jumped by 49.5%, growing notably from the small… Read Article

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