Fewer Americans Consider Electric Cars for their Next Auto Purchase, Report Revealed
By Dabbie Davis
Jan 19, 2024 10:23 PM EST
Despite all the efforts from both the government and manufacturers, majority of Americans are still hesitant to purchase an electric vehicle. Recent efforts highlighted attempts of lowering electric vehicles costs and federal government's incentives. All targeting to promote electric vehicles and erase American's reluctance in buying EVs. However, convincing many to the shift may not be as easy as it may seem.
Report Says: Majority of Americans are Reluctant in Buying EVs
Even while policymakers are paying greater attention to the shift to electric vehicles and automakers are working to lower the cost of electric cars, the overall perception among Americans remains people are hesitant to purchase an electric vehicle as their next vehicle.
In the latest nationwide telephone and online study, 29% of American adults say they are likely to buy an electric vehicle (EV) in the near future, and 10% say they are very likely to do so. This information comes from a survey performed by Rasmussen Reports.
On the other hand, a majority of 65% do not anticipate making an electric vehicle (EV) their next choice for an automobile purchase, and within this group, 37% specifically express that it is highly unlikely.
This marks a decrease from the findings in April of the previous year when 40% of respondents believed it was at least somewhat probable that their next automotive purchase would involve an electric car.
Rasmussen Reports conducted a survey involving 1,224 American Adults from January 10-11 and 14, 2024. The sample margin of error is ±3 percentage points with 95% confidence. Pulse Opinion Research, LLC conducts the fieldwork for all Rasmussen Reports surveys.
Reasons: Majority of Americans Unwilling to Buy Electric Vehicles
The Associated Press-NORC Center for Public Affairs Research and the University of Chicago's Energy Policy Institute conducted a survey last year. It revealed that Americans are reluctant to consider buying electric vehicles. With the majority of Americans expressing doubts about electric vehicles, the Biden administration's ambitious objective of greatly increasing EV sales in the country may encounter considerable obstacles.
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Only 8% of adults in the United States own or lease an electric vehicle, and the same number say they have a plug-in hybrid vehicle at home. PBSO News Hour shared details about it. Moreover, the survey findings highlight that most Americans are cautious about the idea of buying electric cars.
Six out of every ten respondents mentioned that the higher cost played a major role in their decision to steer clear of EVs, with about a quarter considering it a minor factor. Only 16 percent of those surveyed indicated that the high cost would not influence their decision to reject an EV.
Although the Inflation Reduction Act's incentives for both new and used electric vehicles (EVs) would surely assist to boost the appeal of electric cars among American consumers, the majority of Americans are hesitant in considering purchasing an EV for reasons other than the high initial cost. The majority of Americans' hesitation to purchase electric automobiles can be attributed to three key factors. Range worry, exorbitant pricing, and charging concerns are the main causes, according to Statista.
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