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

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A new poll from Yahoo Finance and Ipsos finds Americans are still very skeptical of electric vehicles.

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

Looking at the demographic breakdown of those who would not buy an electric vehicle, 70% of those over the age of 65 would not, along with 60% of respondents that had an annual income below $50,000. In addition, 76% of those that identified as Republicans would likely not buy an electric vehicle.on what’s holding people back on electric vehicles. “I think it's price, it’s infrastructure; I think that range anxiety is really infrastructure anxiety.

More confusion can be seen when asking about government programs, as is demonstrated by the fact that a majority of those polled said they supported government programs likely to reduce the country’s dependence on fossil fuels , though at the same time nearly two-thirds opposed restrictions on the sale of new gas-powered cars.

The pervasive narrative about offshore wind in recent years has been that costs are falling and that wind power is cheap. But scratch below the surface and you find that things are not quite so rosy. Turbine manufacturers have been losing money hand over fist in recent years. Collectively over the past five years the top four turbine producers outside China have lost almost US$ 7 billion – and over US$ 5 billion in 2022 alone.

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