New Yahoo Finance-Ipsos poll shows over half of Americans unlikely to buy an EV

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While it seems the transition from gas powered cars to electric vehicles is going to be swift, new polling finds Americans are still very skeptical of EVs.

, and some forecasters even see it topping 50% by the end of the decade. While it seems the transition from gas powered cars tois going to be a swift one in the U.S., new polling from Yahoo Finance and Ipsos finds Americans are still very skeptical of that transformation.

Overall, 57% of respondents said they were not likely to purchase an electric vehicle the next time they purchase a vehicle. Only 31% of respondents were likely to purchase an electric vehicle, while 11% said they didn’t know. When asked what concerns them most about buying an electric vehicle, 70% of respondents in the Yahoo Finance/Ipsos poll were worried about overall cost, 73% were concerned about driving range, and 77% noted lack of charging stations on the road or charging at home.

Valdez-Streaty says state incentives and education about those incentives are a big factor in the state-by-state differences, with some states better than others at getting the word out. Indeed, while 52% of survey respondents support government incentive programs to encourage EV purchases, only 30% are familiar with programs like the federal EV tax credit.

 

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