In 2021, there was a higher electric vehicle adoption rate among luxury vehicles costing over 500,000 U.S. dollars. In contrast, adoption in the 150,000 to 299,000 U.S. dollars cost bracket was of two percent that same year.
Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket
Electric vehicles include batter-electric vehicles and plug-in hybrid electric vehicles.
The source specifies that the cost bracket over 500,000 U.S. dollars includes largest-volume models such as the Lotus Evija, Pininfarina Battista, and Rimac C-Two.
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McKinsey & Company. (July 8, 2022). Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. "Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket." Chart. July 8, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. (2022). Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. "Electric Vehicle Adoption Rate in The Luxury Vehicle Market in 2021, by Cost Bracket." Statista, Statista Inc., 8 Jul 2022, https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company, Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket Statista, https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/ (last visited November 22, 2024)
Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket [Graph], McKinsey & Company, July 8, 2022. [Online]. Available: https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/