Genesis G80 Electrified (US Spec)
During NACTOY's test-drive and evaluation event in October, more than two dozen jurors participated in an informal poll which offered insights into automotive topics such as electrification and production issues. Below are some key takeaways from the results:
NACTOY jurors predict EVs will make up 10% of new vehicle sales between either 2023-2025 or 2025-2027 (equal vote), 25% of new vehicle sales between 2027-2030 and 50% of new vehicle sales between 2030-2035.
NACTOY jurors also predict 2024 or 2025 will be the first year when 50% of vehicles eligible for a NACTOY award will be electric. Of this year's eligible new vehicles, 40% were electric.
Most NACTOY jurors chose public charging limitations as the reason most buyers are not choosing EVs, followed by EV misinformation and vehicle cost, respectively.
New car prices keep hitting record highs. NACTOY jurors predict the average new car price will continue to increase and buyers will hold onto their vehicles longer to compensate.
NACTOY jurors predict supply chain and production issues caused by the pandemic will be mostly resolved by 2024
NACTOY's awards are unique because they are not decided by a single publication. Instead, they are evaluated throughout the year by 50 respected jurors from print, online, radio and broadcast media across the U.S. and Canada. Those jurors vote three times during the year to reduce the list of eligible vehicles down to semifinalists, finalists and, finally, winners.
The jury votes were tallied and audited by Deloitte. The selection of nine finalists is the second-to-last step in the year-long evaluation process for the three awards; final voting will take place Dec. 30, 2022 – Jan. 5, 2023, and the 2022 NACTOY Car, Truck and Utility of the Year winners will be announced at a special event in Detroit on January 11, 2023.