The percentage of consumers indicating they would be “unlikely” or “very unlikely” to purchase an EV rose from 51% to 63%, the highest since 2022.
Posts tagged as “ev adoption”
More than half of survey respondents would purchase an EV if cost was not a factor; 21% plan to an EV in the next 1-2 years.
Lack of experience with EVs may be acting as a brake on adoption, though with first-hand experience, demand could accelerate swiftly.
Analysis examines the current state of EV ownership and consideration, the shifting profiles of EV and hybrid buyers, and the key opportunities for the industry.
While multiple hurdles need to be cleared to achieve widespread EV adoption, consumer finances lead the current buying resistance to EVs.
Several states have experienced high growth in EV adoption, with Oklahoma leading the pack (110.6% increase) and Arkansas not far behind.
The Jim Butler Auto Group offers monthly trials to customers who want to experience firsthand how an EV fits in their life.