Consumer Interest in Automotive EVs Continues to Shrink – RVBusiness – Breaking RV Industry News

Despite the dozens of new electric vehicles automakers plan to roll out over the next few years, the percentage of consumers considering an EV is shrinking, according to two new surveys, according to a report by Automotive News.

Nearly a quarter of car shoppers — 23% — said they dislike EVs, according to an Edmunds survey fielded in January. In April 2023, the last time Edmunds asked the question, 19% said they disliked EVs.

Automotive research firm J.D. Power also is seeing declining interest.

The percentage of consumers who said they are very likely to consider an EV for their next car declined in February for the fourth straight month to 24%, according to J.D. Power’s report. The share of consumers who said they are very unlikely to consider an EV rose to more than 22% from about 19% a year earlier.

Click here to read the full report by Automotive News.

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