Latest news with #EVSales
Yahoo
2 days ago
- Automotive
- Yahoo
EV Sales Are Exploding on Carvana With These 3 Models Leading the Way
EV Sales Are Exploding on Carvana With These 3 Models Leading the Way originally appeared on Autoblog. Nearly one in 10 Carvana sales are electric vehicles in Q2 2025 Carvana has been making headlines over the past couple of years with its significant stock rebound, but fewer may be aware of its noteworthy gains in electric vehicle (EV) sales during the same period. EVs accounted for nearly one in 10 Carvana sales during Q2 this year, a surge jump-started by an expanded inventory. More specifically, EV and plug-in hybrid electric vehicle (PHEV) sales increased from 2.3% of Carvana's retail unit sales to 9% between Q2 2023 and Q2 2025, the company's highest mix to date. While SUVs have passed sedans and hatchbacks as the dominant EV and PHEV purchase types over the past two years, Tesla's Model 3 was Carvana's top-selling battery electric vehicle (BEV) model during Q2. Tesla's Model Y and Model S took second and third place in top BEV sales, followed by Chevrolet's Bolt EV and Nissan's Leaf. On the PHEV side, Jeep's Wrangler Unlimited 4xe, Wrangler 4xe, and Grand Cherokee 4xe ranked first, second, and third in sales. Chrysler's Pacifica Hybrid and Chevrolet's Volt filled out the rest of the top five PHEVs. From Q2 2023 to Q2 2025, Carvana's electric and PHEV unique make/model count grew from about 55 and 40, respectively, to over 90 and 85. In terms of percentage growth, the retailer offered 66% more EV make/model combinations in Q2 2025 than in Q2 2023, and PHEV options doubled over the same period. SUVs were the most preferred class for EV and PHEV Carvana customers, followed by sedans and hatchbacks. In Q2 2025, nearly 44% of all Carvana EV and PHEV sales were SUVs, up from 24% during Q2 2023. Christina Keiser, Executive Vice President of Strategy at Carvana, said in a release: 'Last quarter, nearly 1 in 10 vehicles we sold was an EV or PHEV – a significant shift from just a couple of years ago. The widening selection of electrified SUVs has been especially powerful, offering buyers greater variety in one of the most sought-after body styles.'Amazon's car market ambitions don't stop at Slate Auto Amazon appears eager to follow in the footsteps of Carvana's recent success with the expansion of its Autos platform at the start of August, which now includes certified pre-owned and used listings. The platform's listings are currently limited to Los Angeles, with plans to expand to additional cities across the U.S. in the upcoming months. Amazon Autos previously just sold new Hyundai vehicles, but participating Los Angeles dealers can now list non-Hyundai units. Fan Jin, global leader of Amazon Autos, echoed some of Carvana's sentiments: 'This expansion is driven by strong interest from our dealer partners. By including certified pre-owned and used vehicles, we're meeting dealer demand for broader online reach while offering customers a wider selection of high-quality vehicles.' Final thoughts Despite EV sales being mixed during 2025, the segment's growth on Carvana, including PHEVs, is playing a central role in supporting the online retailer's comeback after a stock crash lasting from 2022 to 2024. The upcoming expiration of the $4,000 federal EV tax credit on September 30 is likely to impact this growth. Still, demand should remain strong, as COX Automotive predicts that 90% of all vehicle shoppers will have an EV on their list by Sales Are Exploding on Carvana With These 3 Models Leading the Way first appeared on Autoblog on Aug 15, 2025 This story was originally reported by Autoblog on Aug 15, 2025, where it first appeared.
Yahoo
04-08-2025
- Business
- Yahoo
Symbotic Inc. (SYM): A Bull Case Theory
We came across a bullish thesis on Symbotic Inc. on Valueinvesting subreddit by jackandjillonthehill. In this article, we will summarize the bulls' thesis on SYM. Symbotic Inc.'s share was trading at $53.08 as of July 28th. SYM's forward P/E was 263.16 according to Yahoo Finance. A robotics technician in a clean room programming a CNC series product. Symbotic (SYM), an industrial robotics company, is in a rapid growth phase, expanding revenue at 40% YoY while trading at a trailing EV/Sales of 2.26x, notably lower than industrial robotics peers such as Rockwell Automation (5.5x), ABB (3.7x), and Fanuc (3.7x). These peers, though boasting stronger gross margins in the high-30% range and EBIT margins of 15–20%, have much slower growth rates, reflecting their mature scale. Teradyne, which operates primarily in chip testing but derives 13% of its revenue from robotics supporting Amazon's distribution centers, trades at a 5x EV/Sales multiple with a 60% gross margin and EBIT margins above 20%, though its robotics profitability is enhanced by the higher-margin chip testing business. Symbotic's gross margin, by contrast, has lagged at 16–18%, with a recent uptick to 19.6%. This margin gap stems from its highly customized deployments, which carry higher costs, and a deliberate focus on hypergrowth over near-term profitability, resulting in deployment cost overruns. A key strategic milestone was Symbotic's acquisition of Walmart's robotics division in January 2025, securing a 12-year exclusive agreement (2025–2037) to supply robotics for Walmart's accelerated pickup and delivery centers. This contract provides a durable growth runway and positions the company as a critical supplier in a large, recurring demand environment. If Symbotic's margins can converge toward peer levels as it scales, investors could benefit from a powerful combination of sustained top-line growth and potential multiple expansion. However, after adjusting for the dual-share structure and Class V shares, the EV/Sales ratio appears closer to 15.3x, reducing its perceived valuation appeal. Previously, we covered a bullish thesis on NANO Nuclear Energy Inc. (NNE) by Charly AI in May 2025, which highlighted its vertically integrated platform in the emerging microreactor market. The company's stock price has appreciated by approximately 45% since our coverage, as enthusiasm for advanced nuclear solutions persisted. The thesis still stands with execution risk as a key overhang. jackandjillonthehill shares a similar view on Symbotic Inc. (SYM) but emphasizes high-growth industrial robotics with scaling margin potential. Symbotic Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held SYM at the end of the first quarter which was 16 in the previous quarter. While we acknowledge the potential of SYM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
