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Finance News - 71% of Americans Are Interested in Purchasing an EV

71% of Americans Are Interested in Purchasing an EV

  • Marina Avramovic
  • July 12, 2022

A Consumer Reports (CR) survey on low-carbon fuels and EVs shows that 71% of Americans are interested in leasing/buying an EV.

Namely, 35% would “consider” purchasing an EV, 22% said they would “seriously” consider it, and 14% would “definitely” lease/buy an EV if they could get one today.

The survey also shows that 46% of Americans are unfamiliar with the incentives for buying an electric vehicle. However, if there were any discounts or tax rebates, 53% would definitely be motivated to buy an EV. 

This implies that incentives and awareness campaigns to educate Americans about them are key policy tools for encouraging a move toward green transportation.

In addition, consumers who purchase electric vehicles may end up saving thousands of dollars each year since the average gas price in the US is $4.87 per gallon.

When asked what aspects would influence their decision to purchase an electric vehicle:

  • 33% of respondents said it’s the cost of charging an EV (which is lower than refueling a gas car), 
  • 31% cited lower long-term expenses, and 
  • 28% mentioned lower maintenance costs.

When it comes to purchasing/leasing an electric vehicle, the top three problems for people who cited they would “definitely” buy an EV were the charging logistics. To be more precise:

  • 61% were concerned about where/when they’ll be able to charge their EVs,
  • 55% were worried about the vehicle’s range before requiring a recharge,
  • 53% were concerned about the cost of owning/maintaining an EV.
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Marina Avramovic

Marina is a content writer and a film-maker who spends most of her time in front of the computer, writing articles and blog posts on various subjects, learning fictional languages or editing avant-garde movies. This compulsive penchant for learning new ways of dreaming and writing became her dream job. When she's not obsessing about work she tries to cook, read dystopian novels and go on adventures with her dog.

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