Vehicle valuation and automotive research company Kelley Blue Book recently published the results of its Q2 2021 Brand Watch Report, examining which models and car brands buyers were considering for their next vehicle purchase. Making the list of Kelley Blue Book’s latest Quarterly Top Considered Electrified Models was the Chevy Bolt EV.
This is the first time the Chevy Bolt EV has made it onto the Kelley Blue Book Quarterly Top Considered Electrified Models list. The battery-powered hatchback crossover snagged the number-10 spot, tying with the Honda Accord hybrid midsize sedan. Taking the top spot in the list was the Toyota RAV4 Hybrid, followed by the Tesla Model 3 sedan in second, and the Honda CR-V Hybrid in third.
As Kelley Blue Book indicates, the sale of all-electric and hybrid models is likely to increase in the next several years following President Biden’s goal of reaching 50 percent of all new-vehicle sales being EVs or plug-in hybrids by the end of the decade. What’s more, a deluge of new EV models are poised to hit the market during that timeframe, with GM alone promising to launch 30 new EVs globally by 2025.
According to Kelley Blue Book, shopping consideration and sales for electrified vehicles increased during the second quarter of the 2021 calendar year, with a record-setting 250,000 units sold during Q2. Of all vehicle shoppers, roughly 20 percent shopped for an electrified vehicle. Eight percent considered an all-electric vehicle, while 15 percent considered a hybrid.
Chevy Bolt EV sales are up this year, rising to 19,882 units sold year-to-date, an increase of 138 percent year-over-year.
|MODEL||Q2 21 / Q2 20||Q2 21||Q2 20||YTD 21 / YTD 20||YTD 21||YTD 20|
|CHEVROLET BOLT EV||+334.63%||10,857||2,498||+137.51%||19,882||8,371|
However, it also bears mentioning that General Motors recently issued a recall for all units of the Chevy Bolt EV and Chevy Bolt EUV due to manufacturing defects in the battery cells, affecting more than 73,000 vehicles total, including those sold in the U.S. and Canada.
Source: Kelley Blue Book