Carvana Co., an industry pioneer for buying and selling used cars online, released an EV Trends Report, highlighting continued momentum in battery electric vehicle (EV) and plug-in hybrid (PHEV) (together, “electrified vehicles”) adoption. The report shows electrified vehicles now 9% of Carvana’s retail unit sales, with SUV models driving much of the growth in recent years.
EVs and PHEVs accounted for 9% of Carvana unit sales in Q2 2025, up from just over 2% in Q2 2023. With growing electrified vehicle selection in the used fleet, Carvana offered 66% more EV make/model combinations in Q2 2025 than in Q2 2023; PHEV options doubled over the same period. SUVs now represent the largest share of EV and PHEV sales, surpassing sedans and hatchbacks as the dominant electrified vehicle body style. In Q2 2025, nearly 44% of all EV and PHEV sales were SUVs, up from just 24% Q2 2023.
“We’re always working to grow selection to offer an inventory that meets our customers’ preferences, and as electrified vehicle options expand, this segment continues to increase as a percentage of Carvana’s sales. Last quarter, nearly 1 in 10 vehicles we sold was an EV or PHEV – a significant shift from just a couple of years ago,” said Christina Keiser, Executive Vice President of Strategy at Carvana. “The widening selection of electrified SUVs has been especially powerful, offering buyers greater variety in one of the most sought-after body styles.”