The share of Americans who are very or somewhat seriously considering purchasing an electric vehicle has fallen significantly in the past year, dropping 9 percentage points, according.
In brief: When they were first introduced, electric vehicles held a certain mystique that helped to drive sales. But the aura about these vehicles has been fading as evidenced by declining sales numbers and more recently, a Pew survey showing that the number of Americans seriously considering purchasing one has dropped by 9 percentage points. There are many reasons for this decline, but one sticking point seems to be a lack of confidence that the necessary infrastructure to support them will be built.
The share of Americans who are very or somewhat seriously considering purchasing an electric vehicle has fallen significantly in the past year, dropping 9 percentage points, according to a new Pew Research Center survey. This is the first time the pace of growth has slowed in the US since mid-2020.
Several reasons for this trend were touched on in the survey.
Nearly three-quarters, or 72%, of Americans believe EVs require a larger upfront investment compared to gas-powered vehicles, and the average EV still costs more than the average gas vehicle.
