Electric Vehicles — Americans Not Sold on Them

AAA just completed a survey on electric vehicles. While they’re becoming more popular, not that many people plan on getting one anytime soon. Here are some stats:

• 16% say they are likely or very likely to buy an EV for their next vehicle
• 51% say they’re unlikely or very unlikely to make their next purchase an EV
• That’s down from 63% in 2022

There are lots of important reasons why:

• 62% noted the high cost of battery repair
• 59% worry about the battery purchase price
• 57% say they aren’t suited to long-distance trips
• 56% say there aren’t enough convenient public charging stations
• 55% worry about losing their charge will driving
• 31% have safety concerns
• 27% say installing a charging station at their residence is a challenge
• 12% say the enticing tax credits and rebates are gone

All of those reasons are counter to the push by manufacturers that gas savings could be had, they have lower maintenance costs and are good for the environment. While those statements are mostly true, the percentage of people thinking most cars will be electric in the next 10 years fell from 40% in 2022 to 23% this year.

Source link: Claims Journal — https://bit.ly/3ZwTm9e