Consumers Wants To Buy EVs Regardless Of Lower Gas Prices: AAA study

by SpeedLux
AAA study

Many came to thought that when gas costs dropped off, so would consumer interest in electric automobiles. However that’s far from exactly what happened, as per a recent research study by AAA.

Gas costs have dropped 40 percent from five years earlier, however customers are just as drawn in to electrical cars just like they were at that time. A tremendous 15 percent of U.S. clients are likely to acquire an EV for their next vehicle, AAA reports. At that figure, few Americans thinking about an EV has approached the number planning to buy a pickup. And in spite of having a credibility for being cash-strapped, Millennials have a particularly big hunger for EVs, with almost one in five expressing interest in one for their next car.

The top factor to consider for customers who want to purchase an EV is issue for the environment (87 percent). Other major factors include lower long-lasting expenses (62 percent), the desire for cutting-edge technology (52 percent), and car pool lane access (29 percent). AAA surveyed 1,004 individuals in the continental U.S. for this research study.

“With their lower ownership expenses and compatibility with emerging autonomous technologies, electric automobiles are poised to be an essential car of the future,” stated AAA Director of Automotive Engineering Greg, likewise including that Tesla “has assisted expand the appeal of electric cars by revealing they can be elegant, performance-focused and filled with advanced technology.”

Although numerous consumers are considering electric vehicles, over half are turned away from these vehicles because of range anxiety. That’s in spite of the average round-trip commute in the United States amounting to 31 miles (46 minutes), which is well within the capability of practically every EV on the market today.

Hybrids must stay a popular option. A tremendous 32 percent of U.S. consumers are likely to buy one of these cars next, according to the study.

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