As previously covered by GM Authority, almost 4,000 dealerships across the United States sent a letter to President Biden requesting that he ease his push for the proposed EV mandate, citing stagnant levels of demand for electric vehicles that is leading to a backlog on dealer lots. Now, a new study has found that one out of four U.S. adults would consider an all-electric vehicle.
According to a study by AAA, 25 percent of adults across the United States claim that they would be likely – or very likely – to purchase an EV as their next vehicle the next time they’re in the market. Of those who responded likely or very likely, 76 percent cited a desire to save on the cost of fuel, while 60 percent pointed to concern for the environment.
The study also found that Millennials are more likely to say they would buy an EV for their next vehicle (31 percent), as compared to Generation X (21 percent) and Baby Boomers (18 percent).
Of those who are interested in purchasing an all-electric vehicle, 58 percent are more inclined to purchase a brand-new vehicle, while 26 percent would buy used. Interestingly, 16 percent of responders were unsure if they would buy new or used.
Of course, there were some concerns expressed over EVs, including cost (59 percent), lack of charging stations (56 percent), cost to replace or repair the battery (55 percent), and range anxiety (53 percent). All of these factors serve as primary barriers to the widespread adoption of electric vehicles, especially for those who are undecided or unlikely to purchase an EV.
Another 40 percent of consumers cited the impact cold weather can have on battery range as a concern.
It’s worth noting that EV sales topped the 300,000-unit mark over the course of Q3 2023, reflecting a new quarterly record for electric vehicles. Looking forward, sales are expected to reach one million units in the U.S. in 2023, which would represent roughly seven percent of the overall light-vehicle market.
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Comments
Concerns stated in the article lead to a different conclusion than AAA found. More like 1 in 25.
People can have multiple concerns, but they still only represent a single purchase.
Instead of saying 1 out of 4 would purchase an EV. Why not just say 25%? 25% of new car sales in the US is about 700k vehicles. That’s nothing to laugh about.
Don’t let good be the enemy of great care sales.
The US isn’t going to wake up tomorrow and 100% of the car buying public want an EV. It will take time and technology advancements.
The last full year US light vehicle sales (2022) was 13.75 million. 25% of that is 3.4 million, not 700k. EV sales will continue to grow much faster than overall sales going forward, just not at the pace some EV enthusiasts had hoped/predicted.
I was quoting the US auto industry. Not sales by those outside. The would require conquest sales.
“If you torture the data long enough, it will confess to anything.” – Ronald H. Coase
Exactly. Thank you Chuck!
Wonder what the number would be without the subsidy? At 7.5K, the government is buying the battery, well most of it anyway. I’m unconvinced that batteries are 100 bucks/KWh. Costco is running a sale on an energizer 1KW home backup battery for a grand. Inverters are all but free at the power level in the energizer, so that is near 1K/KWh. Which is a very long way from 100. I also looked around at several other home battery backup systems and they ran 800 to 1K per KWh. And these home systems are the cheaper LiFe chemistry.
Technically, the first $25,000 of the purchase price of a 6,000 lbs. truck/suv is a tax-write off/Government subsidy. Where’s the outrage? The Government subsidizes orange juice/citrus production, crude oil exploration, hydroelectric (Government owns the dams) power, housing, transportation….but all anyone ever gets upset about is that $7,500 tax write off for buying an EV.
And any time the government subsidizes anything it costs me money. The only money the government has is ours. Technically anytime anyone gets a tax deduction for anything it costs me something. The government is in the business of supporting activities and industries that it likes. Sometimes our elected representatives even figure out how to get a little “extra credit” for their trouble.
Those Patriot “Generator-Less” ads they run all the time on television are a Big Scam.
Essentially totally useless….
If you just keep the refrigerator door shut the food will last much longer through a power outage than tiny batteries will.
You need a Ford power pro or, preferably a gas engine for long outages.
Until the infrastructure catches up with Biden’s agenda for E/V’s the masses aren’t going to buy an E/V. People that live in apartments, condo’s, mobile home parks or don’t have a garage or park on the street simply don’t have convenient and easy charging options. E/V’s are fine for people that live in the suburbs with an attached two car garage.
No poll asked me if I wanted and EV. Have no desire to purchase one “EVER”
That’s why they didn’t ask you. I bought 2 of them this year, you don’t know what you’re missing and your close minded attitude means you’ll never know — and that’s fine. Gas cars and trucks are going to be around for a long time, so you shouldn’t be concerned. It amazes me how people who think EVs are some big conspiracy continue to read articles about them and feel the need to comment about how much they hate them. Why read the article if you’re not interested in the content?
Or maybe, just maybe, John doesn’t want an EV despite your self-serving diatribe.
Seems like you can’t cope with other people’s personal choices.
Duplicate
Apparently no one here can cope with other people’s choices.
My rooftop PV system makes more power that I use and Edison pays me, so my next vehicle will be electric. If I lived in an apartment in a low-cost gasoline state (basically any state besides California) I probably wouldn’t buy an EV, not yet anyway.
Thanks for not being one of those idiots who says he charges his EV for free because of a rooftop solar system, that likely cost more than the EV!
My system was installed in 2015 and has already paid for itself. My surplus power averages 5 kWh/day for the year, which would power a Chevy Bolt for about 7,100 miles. So actually yeah it pretty much would be free.
More baloney. Solar sales/installers will tell you, if they are honest businessmen, that it takes far longer than just 8 eight years to recover solar costs. Your spin doctoring about powering your Chevy Bolt is cute but another falsehood since solar is incapable of re-charging any EV…..unless you only intend to drive around a very short, level-terrain block. Figures you’re from SoCal….
It most likely isn’t baloney. It depends on your installer costs and permitting costs, tax credits, and utility but under 7 years is fairly common now even outside of Cali because of the price drops in panel and other component costs.
IF You can DIY the install, 3 years is common. Bump up the time if you need storage as well. But in some cases, just storage can save more money then the system cost, like detroit edison has a use case where you can save more money the the cost of storage.
Agreed John. Never !
Wait till they find out it will cost them $4,000 to $7,000 to get a middle range charging station installed at their house. That’s if the seller even tells them or they inquire before they buy. My friend bought a Caddy and learned the hard way.
It costs more like $1,000 for a 50A capable UL listed Level 2 EVSE, including wiring (if you use a local electrician and not one of the national chain specialty installers that charge 2-3 more than the real cost).
Oh boy, here’s another load of it. Install costs all depend on what your home is equipped with to start and how much load there is on it, even if you already have 200 A CB box. Most modern homes with 200A are already full and have no room for an additional 220V 50A breaker. Bob’s truthful comment about install prices can easily be $5 to $7 K ( and higher) is fact. Not your horse hockey.
If your friend is buying a Caddy, he probably doesn’t care.
“Three Out Of Four Adults Unlikely To Purchase EV, Study Finds”
Fixed the headline for you.
Just wait until the states wake up and decide to start taxing the EV’S for road usage. Fixing the roads isn’t free and they will need to pay their fair share. Nobody has talked about that yet but it WILL be coming, Guaranteed.
So?
I don’t mind paying for good roads, the same way I don’t mind paying for cleaner-burning gasoline. I grew up in the “smog alert” days in the 60s/70s, it was horrible. It literally hurt to breathe. Fixed by the “GOVERNMENT REGULATIONS!!!” that many decry.
33 states already do that and you know what? EV owners don’t care. They know the roads aren’t free. They’re still saving money. Where have you been? It’s been that way for a few years. Might want to do a little Google “research” before posting. I knew most states did it already but I did a quick search to see how many did. Piece of cake.
EVs will end up costing most of us higher taxes in the form of higher tax credits for EVs.
No they won’t. Buying a full-size truck (6,000+ lbs) nets you a tax write off on the 1st $25,000 of the purchase price, that’s been around for decades, and THAT didn’t make your taxes go up. There are dozens of industries that are subsidized by the Government and those haven’t raised our taxes. Find another scapegoat.
I guess Polling firms know where to go for the results they want. Most polls I have seen lately state that 6-8% of people expressed interest in buying an EV. I suspect that is closer to the truth.
Funny you mention that. I’ve seen reporting that said microsoft used to shop polls. They’d only report polls that said what they wanted. Of course they would pay for all the polls to be done under an NDA, so perfectly legal. So not really that hard to buy a bunch of polls and pick one that says what you want.
The key speaker at a National Convention I attended was a gentleman whose entire presentation centered around how Polls, any Poll, is/are carefully crafted by the Pollster to always produce the results those paying for the Poll desires to achieve.
You’ d think after the election polls preceding the 2020 Election that people would be wise to how Polls are fabricated but not everyone got the message.
About any marketing course teaches the same thing. The fun thing to do is see if any pollster reveals sample sizes (how representative), where they obtained their data (how relevant), and what the margin of error is. A lot of times just the margin of error undoes the claims being made.
Oh look, here’s some gullible dunce voting thumbs down on another fact because it doesn’t fit his/her agenda and they refuse to believe they are being “had” by pollsters.
But thanks to government policy, pretty soon we won’t have to worry about choosing between ice and ev if we want a new vehicle!
I doubt that will happen for a looong time. Some blue states are already backing off that mandate.
Unlikely
Spend an extra 20K to pay an extra $200 a month on electricity on a vehicle that will be crap after 10 years.
So that’s an extra 1,400 kWh you expect to use per month? I guess if you’re driving over 4,000 miles per month then that’s about right. So you must be spending around $800 a month on gas then. Yep, that sounds like great financial decision making.
But the talking head told him that’s how it is! Why think for yourself and look things up, do the math and find out how things work when the News d’Jour will tell you what to think? (That goes for both ‘sides’, btw) Yeah, not sure where he got his math but it doesn’t work.
What?! Our Chevy Bolt EUV was $31K, so there goes your “20K extra” argument. It costs us $32 more on our electric bill compared to $200+ for gasoline per month to drive it, so that shoots your “$200 a month on electricity” argument. An ICE car can crap out after 10 years, too. Any more non-sensical FauxNews “but…but…but” straws you’d care to grasp?
My wife and I went to buy or order a new Escalade for her. The salesperson said nothing for 23 are any were. Have to order a 24. No time frame for arrival. I said to her hey let’s go look at Tesla. We drove to the dealership about a hour away. Walked in treated us very nice. She ordered a Tesla in the color and package she wanted. I bought a Used model S from Tesla on line. Everything will be in next week. I still have my Escalade. I’m very excited. I still enjoy my Impala and Escalade.
“A Study finds”, ” experts agree”, “everyone knows”, “research shows”. ” a Poll reveals” etc, etc. etc !!
Key lead-in words showing the author(s) is trying to influence public opinion and the weak-minded, easily-led, gullible reader.
EVs are fine for people that want them. I would personally prefer not to be part of the purchase equation, but I didn’t get asked about that. We take too many long trips, many where chargers are few a far between, for EVs to be practical for us. When we have that 700-900 mile battery that charges in 10 minutes and lasts 20 years, I’m probably in. Until then, I’ll stay with the technology that works best for me, assuming the government will let that happen. I can’t help but remember how long it took to drive from Dallas to El Paso after the 55 mph speed limit was passed. Another government boondoggle that brought pain and misery to the common people in order to help save them. Although it did create some jobs in the c/b radio and radar detector industries.
But more obviously 75% of people definitely will not buy an EV.
not exactly, it means they have to address some issues prior to people considering buying an EV.
ALL of the issues were stated as goals back in 2008 prior to even drafting Federal legislation to address our oil consumption issue. It isn’t anything new. But you have to step through the process to get there.
They’re going to have to bring the prices way down.
I know very little about EV’s but I spoke to a man who had a Model S about 4 years ago. I asked him how he liked it. He said it was a good car…..except he couldn’t keep rubber on it. Because of the instantaneous torque he was burning through tires. He said he was not an aggressive driver but the sheer power made him more of one than when he had ICE vehicles. We talked about micro rubber particles making their way into our spill ponds and waterways. Can you imagine what’s being left on the road when a Cyberbeast or Hummer EV slams the accelerator? Because EV’s are so much heavier and faster, tires are gonna wear quicker. Just because we can’t see it doesn’t mean it’s not there. Not many enviro’s talking about this.
One in four adults considering an EV when they already can’t give them away for love or money….fishy.
America is a great place.
The article is about ADULTS buying cars. Obviously there’s an untouched market were not considering. I mean if 0 out of 4 children are not buying ask why not?