61% claim their EV exceeds their expectations when used like a gas-powered vehicle.
Distance anxiety should subside as the range EVs can travel on a full charge invariably increases. CES 2022 highlighted several examples of innovation in battery technology enabling greater range. In addition, distance anxiety could be more effectively curbed by constructing more charging stations — especially outside urban areas. This is also a necessary step to grow the market for EVs. Notably, CTA’s research found 60% of non-owners of EVs believe there are too few charging stations and therefore nearly half (49%) believe EVs are not viable for long road trips.
The good news is growth of America’s charging infrastructure is coming through public and private partnerships. The infrastructure bill recently signed by President Biden authorized a nationwide network of EV-charging stations, earmarking $5 billion to help states build them.
We also know from CES 2022 that more EVs are coming from incumbent brands like GM and Stellantis and newcomers like Vinfast and Fisker. Increasing market competition will bring more options for consumers — from sedans to pick-up trucks — to support market growth. A key finding of the study suggests non-owners are in tune with these developments, with 39% saying they are likely or very likely to consider an electric vehicle for their next car experience.
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