Carvana Report Highlights How Customers Search for EVs
Carvana (NYSE: CVNA), a leader in online used car sales, released its Q3 2024 EV Trends Report, highlighting the growing interest in electric vehicles (EVs) among consumers. The report reveals a significant increase in EV-related searches and page views on Carvana.com, with a 226% year-over-year rise in Q3 2024. Consumers show a preference for luxury features such as heated steering wheels and advanced technology like adaptive cruise control and Apple CarPlay. EV shoppers also tend to prefer newer models with lower mileage, even at higher price points. Carvana's CEO, Ernie Garcia, emphasized the company's commitment to meeting diverse customer preferences and facilitating confident EV purchases.
Carvana (NYSE: CVNA), un leader nella vendita online di auto usate, ha pubblicato il suo Rapporto sulle Tendenze degli EV del Q3 2024, evidenziando il crescente interesse dei consumatori per i veicoli elettrici (EV). Il rapporto rivela un aumento significativo delle ricerche e delle visualizzazioni di pagina relative agli EV su Carvana.com, con un incremento del 226% rispetto all'anno precedente nel Q3 2024. I consumatori mostrano una preferenza per caratteristiche di lusso come i volanti riscaldati e tecnologie avanzate come il cruise control adattivo e Apple CarPlay. Gli acquirenti di EV tendono anche a preferire modelli più recenti con chilometraggio inferiore, anche a prezzi più elevati. Il CEO di Carvana, Ernie Garcia, ha sottolineato l'impegno dell'azienda a soddisfare le diverse preferenze dei clienti e a facilitare acquisti di EV sicuri.
Carvana (NYSE: CVNA), un líder en la venta de automóviles usados en línea, publicó su Informe de Tendencias de EV del Q3 2024, destacando el creciente interés de los consumidores en los vehículos eléctricos (EV). El informe revela un aumento significativo en las búsquedas relacionadas con EV y en las visualizaciones de página en Carvana.com, con un aumento del 226% en comparación con el año anterior en el Q3 2024. Los consumidores muestran preferencia por características de lujo, como volantes calefaccionados y tecnología avanzada, como el control de crucero adaptativo y Apple CarPlay. Los compradores de EV también tienden a preferir modelos más nuevos con menor kilometraje, incluso con precios más altos. El CEO de Carvana, Ernie Garcia, enfatizó el compromiso de la empresa de satisfacer las diversas preferencias de los clientes y facilitar compras de EV confiables.
Carvana (NYSE: CVNA)는 온라인 중고차 판매의 선두주자로서 Q3 2024 전기차 트렌드 보고서를 발표하며 소비자들 사이에서 전기차(EV)에 대한 관심이 증가하고 있음을 강조했습니다. 보고서는 Carvana.com에서 EV 관련 검색 및 페이지 조회수가 전년 대비 226% 증가했다는 중요한 사실을 밝히고 있습니다. 소비자들은 열선 핸들과 같은 고급 기능과 적응형 크루즈 컨트롤 및 Apple CarPlay와 같은 첨단 기술에 대한 선호를 보이고 있습니다. EV 구매자들은 높은 가격대에서도 주행거리가 낮은 최신 모델을 선호하는 경향이 있습니다. Carvana의 CEO인 Ernie Garcia는 다양한 고객의 선호를 충족하고 신뢰할 수 있는 EV 구매를 용이하게 하겠다는 회사의 의지를 강조했습니다.
Carvana (NYSE: CVNA), un leader de la vente en ligne de voitures d'occasion, a publié son Rapport sur les Tendances des Véhicules Électriques pour le T3 2024, soulignant l'intérêt croissant des consommateurs pour les véhicules électriques (VE). Le rapport révèle une augmentation significative des recherches et des pages vues liées aux VE sur Carvana.com, avec une hausse de 226 % par rapport à l'année précédente au T3 2024. Les consommateurs montrent une préférence pour des caractéristiques de luxe telles que les volants chauffants et des technologies avancées comme le régulateur de vitesse adaptatif et Apple CarPlay. Les acheteurs de VE ont également tendance à préférer des modèles plus récents avec un kilométrage inférieur, même à des prix plus élevés. Le PDG de Carvana, Ernie Garcia, a souligné l'engagement de l'entreprise à répondre aux diverses préférences des clients et à faciliter des achats de VE en toute confiance.
Carvana (NYSE: CVNA), ein führendes Unternehmen im Online-Verkauf von Gebrauchtwagen, hat seinen EV-Trends-Bericht für das Q3 2024 veröffentlicht, der das wachsende Interesse der Verbraucher an Elektrofahrzeugen (EVs) hervorhebt. Der Bericht zeigt einen signifikanten Anstieg bei EV-bezogenen Suchanfragen und Seitenaufrufen auf Carvana.com mit einem Anstieg um 226% im Vergleich zum Vorjahr im Q3 2024. Die Verbraucher zeigen eine Vorliebe für luxuriöse Ausstattungsmerkmale wie beheizte Lenkräder und fortschrittliche Technologien wie adaptiven Tempomat und Apple CarPlay. EV-Käufer neigen auch dazu, neuere Modelle mit niedrigerer Laufleistung, auch zu höheren Preisen, zu bevorzugen. Der CEO von Carvana, Ernie Garcia, betonte das Engagement des Unternehmens, die unterschiedlichen Kundenpräferenzen zu erfüllen und Vertrauen in den EV-Kauf zu schaffen.
- EV-related searches and page views on Carvana.com increased by 226% year-over-year in Q3 2024.
- Consumers show a strong preference for luxury and technology-forward features in EVs.
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Insights
The Carvana EV Trends Report for Q3 2024 reveals significant shifts in consumer behavior towards electric vehicles. The 226% year-over-year growth in EV share of vehicle page views is a strong indicator of increasing consumer interest in EVs. This trend could potentially impact Carvana's inventory mix and sales strategy in the coming years.
Key observations include:
- Consistent growth in EV make-model searches throughout 2024
- EV shoppers' preference for luxury and tech-forward features
- Willingness to pay higher prices for newer, lower-mileage EVs
These insights suggest that Carvana may need to adjust its inventory acquisition strategy to meet the growing demand for EVs, particularly focusing on newer models with advanced features. The company's commitment to enhancing the EV buying experience could potentially lead to increased market share in this growing segment, positively impacting future revenue streams.
Shoppers Dive into Features and Specs as EV Interest Increases and Selection Grows
Carvana's Q3 EV Trends Report (Graphic: Business Wire)
Key findings from the report1 include:
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The EV share of make-model searches on Carvana.com has grown in every quarter of 2024. Additionally, EV share of vehicle page views grew by
226% year-over-year in Q3 2024, reflecting an ongoing shift in shopper interests. - EV shoppers indicate a preference for luxury features like heated steering wheels and technology-forward features such as adaptive cruise control and Apple CarPlay.
- Typical ranges for search filters used by both EV and internal combustion engine (ICE) customers suggest that EV shoppers prefer lower mileage and newer model years but are open to a higher price range to accommodate this preference.
"At Carvana, we cater to a wide range of customers with varied preferences, including those who enjoy cross-shopping different fuel types," said Ernie Garcia, Carvana founder and CEO. "We are committed to providing what our customers are looking for by making strategic investments that enable them to understand and confidently purchase EVs as simply and seamlessly as they would any other vehicle from us.”
The full report provides additional analysis and information. For details on shopping for a used EV and to easily browse the hundreds of EVs on Carvana.com, please visit our guide to buying a used EV.
About Carvana
Carvana’s mission is to change the way people buy and sell cars. Over the past decade, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can choose from tens of thousands of vehicles, get financing, trade-in, and complete a purchase entirely online with the convenience of home delivery or local pick up in over 300 U.S. markets. Carvana’s vertically integrated platform is powered by its passionate team, unique national infrastructure, and purpose-built technology. Carvana is a Fortune 500 company and is proud to be recognized by Forbes as one of America’s Best Employers.
For more information, please visit www.carvana.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241022435624/en/
MEDIA CONTACT:
Carvana Communications
press@carvana.com
Source: Carvana
FAQ
What did Carvana's Q3 2024 EV Trends Report reveal?
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