While there’s some dispute over whether Gen Z loves or hates cars, a recent study by Insurify found that the kids these days have favorite vehicles just like any other generation. The study ranked the 10 most popular models by generation.
Younger people prioritize fuel economy, price, and maneuverability, with smaller sedans ranking highly in the age group. The two older age groups ranked some pickup trucks and SUVs among their favorite vehicles, while Gen Z ranked none. The Ford F-Series pickup and Chevrolet Silverado landed at numbers six and 10, respectively, among Millennials.
A recent study from J.D Power affirms EV sales are definitely up. But interest in, and adoption of, the technology are both slower than expected.
In short, J.D. Power insists that there are a number of factors at play here that have caused EV adoption growth to slow. However, because growth has slowed so much, the firm has adjusted its EV adoption forecast downward. Initially, it predicted that 12% of the U.S. new car market would be made up of EVs by 2025. Now, it says that EV sales will only make up 9% instead. Still, 2030 EV sales are predicted to make up 36% of all sales and reach 58% by 2035.
Owning a car can get expensive, but where you live makes a big difference. A recent study looked at the costs of owning a vehicle across all 50 states. Researchers considered insurance rates, gas prices, repair costs, and even speeding fines to determine the most budget-friendly places for car owners.
According to the research, Ohio is the cheapest state to own a car. Interestingly, insurance rates and speeding fines are higher here than a few other areas. It seems the state is serious about punishing lead-footed drivers: fines for speeding average $150 a pop. However, average fuel and repair costs seem much more reasonable compared to the rest of the country.
NETS 2024 Strength IN Numbers Fleet Safety Benchmark Conference, October 8~11, 2024, Omni Hotel at Centennial Park, Atlanta, GA
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Merchants Fleet announced the launch of ‘Supercharged September’, a month-long celebration of industry innovation in the electrification space.
This year’s event is packed with expert thought leadership, including a Supercharged September YouTube series that highlights our innovative work with Advanced Clean Fleets legislation and infrastructure solutions.