Fewer people in the US plan to buy EVs this year, study shows
Fewer people in the US plan to buy EVs this year, study shows
The number of buyers in the U.S. considering an electric vehicle purchase in 2024 has fallen from a year ago due to a shortage of affordable cars, inadequate charging infrastructure and ignorance about EV benefits, a study by J.D. Power, opens new tab has shown.
Other factors contributing to waning EV demand in the United States include stubborn inflation, high interest rates and underwhelming growth in model availability, the study said.
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I'm waiting on the EV makers to pivot away from huge vehicles (https://arstechnica.com/cars/2024/02/ford-rethinks-ev-strategy-is-working-on-a-smaller-cheaper-ev-platform/). I'm waiting for better charging infrastructure or at the very least a consensus on what plug is going to be used. I'm waiting for cars to be able to power homes during a power outage.
I don't think this is far away, maybe 2025 or 2026. However, it's not a great couple of years to buy right now. As I have a Camry in pretty good condition and don't drive a ton ... I fully intend to wait until I'm really ready to buy. As much as I want an EV, I want a good EV not debt for the sake of an ideal.
Right? It's not because people don't want them, it's because people don't want the specific ones they're selling and people want to be able to get from point a to b in them. I want one but I also have a pretty fuel efficient vehicle with low miles because I basically drive to the grocery store and maybe one other place each week so I'm sure as shit not trading it in for a massive vehicle that costs 3x more than it needs to.