In 2021, there was a higher electric vehicle adoption rate among luxury vehicles costing over 500,000 U.S. dollars. In contrast, adoption in the 150,000 to ******* U.S. dollars cost bracket was of *** percent that same year.
Electric vehicles include batter-electric vehicles and plug-in hybrid electric vehicles.
The source specifies that the cost bracket over 500,000 U.S. dollars includes largest-volume models such as the Lotus Evija, Pininfarina Battista, and Rimac C-Two.
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McKinsey & Company. (July 8, 2022). Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket [Graph]. In Statista. Retrieved July 08, 2025, from https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. "Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket." Chart. July 8, 2022. Statista. Accessed July 08, 2025. https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. (2022). Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket. Statista. Statista Inc.. Accessed: July 08, 2025. https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company. "Electric Vehicle Adoption Rate in The Luxury Vehicle Market in 2021, by Cost Bracket." Statista, Statista Inc., 8 Jul 2022, https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
McKinsey & Company, Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket Statista, https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/ (last visited July 08, 2025)
Electric vehicle adoption rate in the luxury vehicle market in 2021, by cost bracket [Graph], McKinsey & Company, July 8, 2022. [Online]. Available: https://www.statista.com/statistics/1328843/electric-vehicle-adoption-rate-in-the-luxury-market-by-cost-bracket/
