According to a survey of 2022, ** percent of respondents aged between 60 and 69 years in Australia were Tesla owners. The source disclosed that the popularity of Tesla among the respondents aged between 30 and 39 years was comparatively less due to the avaliable range of models in Australia.

Gambit's Residential Solar Energy Prospects data provide reliable and up-to-date contact information for single-family-dwelling US homeowners. Gambit can provide Names, Numbers, Addresses, and Emails needed for your marketing outreach. In addition to contact information, we offer custom audience build outs to fit your business's strategy and budget including location, behavioral, and demographic lead qualifications such as:

-Screening for existing solar customers -EV and hybrid vehicle owners -Tesla owners -Proximity to existing solar customers -Eco-conscientious behavior -Demographic attributes -12+ months exclusivity

We recognize that every business has unique needs for data applications and frequently find pre-built data sets too bulky, too expensive, or out of scope. If your application requires additional attributes or features not already included, Gambit also offers affordable alternative solutions through custom data sets that are optimized to meet your application's needs.

This data is aggregated via publicly available sources using proprietary methodologies.

Young people between 18 and 29 years old were the age group most likely to consider the purchase of an electric vehicle in the United States as of May 2022. Around ** percent of the Americans between 18 and 29 years old surveyed reported being somewhat or very likely to consider buying an electric car. By contrast, only ** percent of the respondents over 65 years old surveyed declared having an interest for the vehicle segment. The likelihood to consider the purchase of an electric vehicle also depended on consumers' previous EV knowledge.

Close to ********* of the surveyed electric vehicle drivers were over the age of 55, making it the largest age group for electric vehicle drivers in the United Kingdom. By contrast, people below the age of 25 only represented *** percent of the total electric vehicle drivers.

The high-end new energy passenger vehicle (NEPV) market is experiencing robust growth, driven by increasing consumer demand for sustainable and technologically advanced vehicles. This segment, encompassing pure electric and hybrid electric vehicles priced at the premium end of the market, is projected to maintain a significant Compound Annual Growth Rate (CAGR). While precise figures for market size and CAGR are not provided, based on industry analysis of the broader NEPV market and the high growth trajectory of luxury electric vehicles, a reasonable estimate places the 2025 market size at approximately $50 billion, with a projected CAGR of 25% from 2025 to 2033. This growth is fueled by several key factors. Technological advancements continuously improve battery range, charging speeds, and overall vehicle performance, making high-end NEPVs a more attractive proposition for discerning buyers. Furthermore, stringent government regulations aimed at reducing carbon emissions are incentivizing the adoption of electric vehicles globally, particularly in developed markets. The growing awareness of environmental concerns among affluent consumers further contributes to the market's expansion. Leading manufacturers like Tesla, BYD, and other established automakers are investing heavily in research and development to enhance the features and capabilities of their high-end NEPV offerings. Competition is fierce, with companies focusing on innovative designs, advanced driver-assistance systems (ADAS), and superior in-car technology to gain a competitive edge. However, challenges remain, including the relatively high price point of these vehicles, which limits accessibility to a smaller segment of the population. The ongoing development of charging infrastructure and addressing concerns about battery life and range anxiety are also crucial factors impacting market penetration. Despite these challenges, the long-term outlook for the high-end NEPV market remains extremely positive, with continued growth driven by technological innovation, government support, and increasing consumer preference for environmentally friendly luxury transportation.

In 2024, the global market for luxury cars was estimated at around *** billion euros, an estimated increase of around *** percent year-on-year. That same year, the global luxury market was put at around **** trillion euros. Global luxury car market size The luxury car segment is one of the most dynamic sources of revenue growth in the global luxury goods market. This segment is primarily driven by rising demand from increasingly affluent buyers in emerging markets. In 2020, the luxury car market contracted amid the outbreak of the coronavirus pandemic in key markets worldwide. The market effectively rebounded in 2021, despite grappling with the global chip shortage. Three years later, in 2024, the United States was the leading luxury automobile market worldwide, amounting to revenues of around * billion U.S. dollars. Electrification of luxury cars In an attempt to appeal to the more environmentally conscious group of buyers, a fair share of the luxury car fleet is projected to become more ‘eco-friendly’. Luxury electric vehicles such as the battery-powered models offered by Tesla are set to drive growth in the luxury car segment. At the same time, luxury SUVs are also expected to attract a new group of customers. High-end automobiles are expected to combine connectivity and ergonomics. However, smart vehicles require improved infrastructure, particularly in urban areas. As a result, there is a growing number of cities providing the infrastructure that is needed for the implementation of connected car programs.

In 2023, Tesla was the leading luxury car brand in the United States, recording luxury sales of around 650,100 units. It edged out its main competitor, BMW, which recorded estimated sales of over 351,600 luxury vehicles.
The U.S. luxury market
Luxury cars represented an estimated 6.8 billion dollars in revenue in the U.S. in 2022, with a projected growth in 2023. The U.S. were the leading market for luxury automobiles worldwide, with a market size over twice the revenues generated by the luxury car market in Germany, the second largest market for the segment. Despite the revenues generated by the luxury market, the U.S. represented less than a quarter of BMW’s regional automobile sales in 2023, while the brand was one of the market leaders in the country. The luxury car segment also made up some 5.3 percent of the total U.S. light vehicle market demand as of June 2022, dwarfed by the crossover segment which held almost half of the market. Car owners view luxury brands positively Luxury automotive brands are amongst the automotive brands perceived as most reliable by car owners. At 79 percent, Toyota’s subsidiary Lexus was the first most reliable car brand for car owners in late 2023. Lexus was also second in overall consumer satisfaction that same year, followed by Tesla. However, the importance of buying luxury cars, motorcycles, or bicycles in the U.S. was relatively low, with 19 percent of the respondents in a recent survey citing the products as a type of luxury goods they spent their earnings on.

When asked about "Propulsion systems in consideration by type", most UK respondents pick "Gasoline" as an answer. 47 percent did so in our online survey in 2025.

Sales of used light vehicles in the United States came to around **** million units in 2024. In the same period, approximately **** million new light trucks and automobiles were sold here. Declining availability of vehicles In the fourth quarter of 2024, about ***** million vehicles were in operation in the United States, an increase of around *** percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices slightly decreased. E-commerce: a solution for the bumpy road ahead? Financial reports have revealed how the outbreak of the coronavirus pandemic has triggered a shift in vehicle-buying behavior. With many consumer goods and services now bought online due to COVID-19, the automobile industry has also started to digitally integrate its services online to reach consumers with a preference for contactless test driving amid the global crisis. Several dealers and automobile companies had already begun to tap into online car sales before the pandemic, some of them being Carvana and Tesla.

China is the largest automobile market worldwide, both in terms of demand and supply. China's automobile registrations climbed to approximately **** million units in 2023, representing a rise of around ** percent. The world's largest automobile markets After years of growth, China's motor vehicle demand began waning in 2019 and nosedived in February 2020 amid the outbreak of the coronavirus pandemic; and yet, given the country's population level, the potential for China’s automobile market is enormous. China's motorization rate indicates that there is less than *** car for every five individuals. In the United States, there are in excess of *** motor vehicles per 1,000 inhabitants. Leading brands and manufacturers In June 2023, Tesla was ranked as the automobile brand with the highest brand value, followed by Toyota. Toyota vehicles are manufactured by the Toyota Motor Corporation. In terms of overall vehicle sales, the Japanese multinational carmaker is the largest automobile manufacturer in the world. India has emerged as an important automotive market recently and climbed into the ranking of the leading automobile markets worldwide.