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🚨 EV Skeptics Beware: Unveiling the Market Disruption You Can't Ignore 🚨 Join BEVEverything on Clubhouse as we discuss the latest findings from the 2024 Cox Automotive Path to EV Adoption Study. Learn about the next wave of EV Considerers, shifting demographics, technological advancements, and enhanced dealer-automaker partnerships. This is a must-attend event for anyone involved in the automotive industry and looking to stay ahead of the curve. 📅 Date: Wednesday, May 29th 🕑 Time: 2 PM EST 📍 Location: Clubhouse 🔗 Click Below to join the event and get ready to reshape the future of the automotive industry! #EVAdoption #ElectricVehicles #AutomotiveIndustry #GreenEnergy #SustainableFuture #MarketInsights #DealershipSuccess #FutureReady #BEVEverything #EVRevolution John EllisDurran Cage Andrew ZabielinskiDario GomezPeter SmithLarry FeldmanJimmy DouglasPeter BarbaTim MarvelBill Pierce https://lnkd.in/eCDUBa5E

73% of EV owners surveyed said they’ll only buy EVs moving forward, according to CDK’s "The EV Ownership Lifestyle" study. Does your dealership have the knowledge to win over veteran and newbie EV buyers? Find out what sales skills dealers can focus on to cater to both demographics. Read the blog: https://ow.ly/prBj50SEIXX #dealership #carsales #automotiveindustry #electricvehicles #ev

Check out the newest episode of Trucking for Millennials, premiering now!

How to drive safely is a lifelong conversation and is especially important for aging adults. Begin talking about safe driving long before you notice difficulties. Remember, it's a person’s driving performance, not age, that determines fitness to drive. #ODSAW Learn more: https://idot.click/08e452

This is one of the big questions I’ve been wondering in the past year or so. Who is buying #electriccars now? For years, very early adopters were buying them because they were concerned about our growing #climatecrisis and/or because they were techies who quickly got drawn to the new electric era of smartphones on wheels. But there are now a lot of people buying electric cars who aren’t early adopters in one of those core buyer groups. So, who are these people? In the #US, we aren’t at 20% or 30% EV adoption like #Europe and #China are, but according to Experian, 8.6% of new car sales in Q4 2023 were #electricvehicle sales. According to our own CleanTechnica analyses, 7.2% of 2023 auto sales were fully electric auto sales and 7.8% of Q4 2023 auto sales were fully electric auto sales. Though, that also hides a little bit how #EVadoption is going in the US. Most states have much lower EV adoption rates, while #California and some other states have much higher EV adoption rates. In California, 21.4% of new vehicle sales are pure EV sales! So, when we’re talking about who is buying electric cars, it’s really more mass market buyers in certain markets. With that out of the way, let’s dig into who is buying EVs in the US these days. Generational EV Sales Data According to Experian’s latest Automotive Market Trends Report, Gen Xers and Millennials buy the most electric vehicles, followed at a distance by #BabyBoomers. Those three generations account for the vast majority of EV sales, but they also account for most auto sales in general. (Note that Gen Xers were born between 1965 and 1980, while #Millennials were born between 1981 and 1996.) In terms of what share of each generation’s auto purchases are pure EV purchases, Gen Xers and Millennials still lead the way. 10.2% of Millennial auto purchases are EV purchases, 9.4% of #GenX auto purchases are EV purchases, 7.5% of The Greatest Generation’s minimal auto purchases are EV purchases, 6.6% of #GenZ auto purchases are EV purchases, 5.9% of Baby Boomer auto purchases are EV purchases, and 4.9% of The Silent Generation’s auto purchases are EV purchases. Those figures are for 2023 as a whole. One would presume that Gen Zers would also like to purchase electric vehicles but largely don’t have enough money to cover their higher upfront purchase prices — but that’s just an assumption. Note that there’s also plug-in #hybrid and conventional hybrid (combined) sales data included here, but I’m only focusing on the full electric vehicle (#BEV) sales data in my article. However, as Stephen Edelstein at Green Car Reports notes, it’s the older generations (Baby Boomers and The Silent Generation) that dominate control of EV policy. “Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show.”

Every generation has its nuances and Generation Z is no exception. Learn more about the car buying and F&I preferences of the latest generation of adult consumers.  

Exciting to see the shift towards Accessibility first services! As an architect, prioritizing accessibility in our designs isn't just a trend, it's a responsibility. Ensuring that our spaces are inclusive not only enhances the quality of life for all users but also reflects our commitment to creating environments that are welcoming to everyone. Let's continue prioritizing accessibility in our architectural practice. #AccessibilityFirst #inclusivedesign

Ford Motor Company's 2024 Trends survey polls global attitudes on everything from AI, to family, work-life balance, EVs, and truth. Lots to unpick but some standout stats include: ➡️52% would take a 20% pay cut for improved quality of life ➡️51% are afraid of AI ➡️ 69% agree that 'traditional family roles help families cope with life best'... 68% also agree that 'society should better support non-traditional families'. It's worth digging into the breakdown by generation and country on attitudes towards family, because one could take from the survey that more people now want a pet than a child (34% of people see themselves with a pet in ten years, vs 26% with a child). When reading it by generation though, it tells a different story: ➡️ 40% of Millennials desire children in the next decade vs 36% who desire pets ➡️9% of Baby Boomers would like kids in the next ten years, while 28% would like a pet But this makes complete sense for those who have already done their fair share of raising kids! While Millennials, who are at the cusp of starting their own families, naturally start thinking in that direction. If you'd like to hear more, or speak to someone from the team, email hello@whitestoneinsight.com https://lnkd.in/egv6gwAM

These US results on consumer attitudes towards AVs are unfortunately not surprising: "[AAA's] 2024 survey's results came in nearly identical to those from 2023. 66% of respondents said they're flat-out afraid of it; 25% remain unsure." Those working on ADS might need to look no further than their own marketing departments to find the reason: "Customers need to know what they're buying, AAA said. The tech needs to be marketed in such a way that it sets reasonable expectations about its capabilities and limitations. Alarmingly, four in 10 drivers surveyed were either unsure or under the impression that they can buy a car that drives itself while they sleep." Let me be clear that I would love to see AVs succeed, especially in public transport - but not before their performance and safety has been thoroughly validated.

The Electric Avenue: Weighing the Pros and Cons of EVs for Gen Z and Millennials The automotive landscape is undergoing a seismic shift, with electric vehicles (EVs) at the forefront of this transformation. As the torchbearers of this change, Gen Z and Millennials are faced with the pivotal decision of whether to embrace EVs or stick with traditional gas-powered vehicles.