The American Automobile Association (AAA) is sharing its latest research into consumer interest in electric vehicles. AAA says its new Electric Vehicle survey indicates a decline in interest in purchasing EVs - with only 18% of U.S. adults saying they'd e “very likely” or “likely” to buy a new or used EV (not a hybrid) – down from 23% last year. Researchers say what's more is that 63% of respondents said they were “unlikely or very unlikely” to purchase an EV for their next car purchase.
“Early adopters who wanted an EV already have one,” said Greg Brannon, director of automotive research at AAA. “The remaining group of people who have yet to adopt EVs consider the practicality, cost, convenience, and ownership experience, and for some, those are big enough hurdles to keep them from making the jump to fully electric.”
Roadblocks to EV adoption continue to be cost, lack of convenient charging options, and range anxiety. Three in ten of survey respondents also cited the inability to install a charging station where they live.
AAA says accessible, reliable, affordable, and convenient charging is key to growing EV interest and adoption. For people who live in an apartment or condo, at-home charging options are likely not possible. An EV might be a great choice for households with 2+ cars, but it might not fit the consumer who has to rely on their car for everyday use and travel.
On the flip side,
AAA says it believes there may be a near-term ceiling related to consumer adoption of battery electric vehicles due to their costs, charging accessibility, and range anxiety. However, hybrid options could bridge these gaps, broadening consumer interest in owning an EV. AAA’s survey also found that one in three U.S. adults (31%) say they would be “very likely” or “likely” to buy a hybrid. Access to a hybrid vehicle lessens the anxiety for consumers because it allows people to enjoy the benefits of electrification without feeling like they are disrupting their current lifestyle or travel plans (longer distance driving, less charging options, etc.).
“Deciding to make the leap to full electric may feel overwhelming for many consumers, and a hybrid option may be the way to bridge this gap,” continued Brannon. “Consumer demand will ultimately dictate the future, and my prediction is that we will have a mix of EVs, hybrids, and internal combustion vehicles in dealerships and on the roads in the US for many decades ahead.”
To learn more about EVs, check out these AAA guides:
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