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Consumers Think Electric Vehicles Prices Too High, Per Survey
- Ford Authority, Monday, November 27, 2023 3:22 PM
AAA’s EV Consumer Sentiment Survey, which examines consumer attitudes toward adopting electric vehicles, indicates that while they are interested, consumers think prices are too high. "Of the 1,170 U.S. adults that AAA surveyed, the number one reason those shoppers stated they aren’t likely to consider an EV for their next vehicle purchase is cost, coming in at 59%," per Ford Authority. "It was followed by a lack of charging stations (56%), the cost to repair or replace a battery (55%), and range anxiety (53%). Additionally, four out of 10 surveyed consumers are concerned about the negative impact cold weather has on an electric vehicle’s range."
