New EV Adoption Data, Texas Propels Tesla, Service Advisors In The Spotlight

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It’s a perfect Thursday to love people more than cars as we have the CEO of the CMA group, Liza Borches as our guest host to talk about the new consumer data about EV adoption sentiment. We also talk about Texas’ landmark charging requirement, as well as one Service Advisor who made the Auto News 40 Under 40 list. 

Show Notes with links:

• According to new studies by J.D. Power and EY, stated consumer interest in battery-electric vehicles (BEVs) is moving forward, despite charging infrastructure challenges. The research indicates a significant shift in buying intent, with BEVs predicted to capture 27% of auto sales by 2026, emphasizing the evolving landscape of the automotive industry in the midst of persistent safety concerns. 
  • J.D. Power's study found that 21% of respondents faced issues charging their BEVs at public stations, while only 3% of Tesla owners reported such issues. Tesla leads in "charging satisfaction", but its performance is declining due to sales outpacing charger availability.
  • The EY study highlights that 57% of respondents are concerned about the dangers of home charging, particularly fires in garages. Steve Patton of EY finds this level of fear surprising.
  • Data from Wards Intelligence reveals that 6.9% of vehicles sold in the first half of 2023 were BEVs, with luxury vehicles making up about 75% of these sales.
  • 81% of current BEV owners are likely to buy another BEV
    
    
    
• Texas is moving forward with a groundbreaking decision to mandate Tesla's technology in EV charging stations for federal funding eligibility. This move, closely watched by other states, underscores Tesla's growing influence in shaping the U.S. charging infrastructure, despite challenges from competitors and initial resistance.
  • The federal program requires the CCS plug at a minimum but allows states to add additional requirements before distributing funds locally
  • Despite opposition from some charging companies saying that the mandate would slow down the expansion of infrastructure, Texas' commission unanimously approved the plan, aiming to cover at least 97% of the state's EVs with fast charge ports.
  • Texas, the largest beneficiary of a $5 billion program for U.S. highway electrification, is setting a precedent that other states are watching closely
    
    
    

CMA Valley Subaru Service Manager Carmen Hinton was featured on the homepage of today’s Automotive News as one of their 2023 40 Under 40 honorees. 

Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.

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