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BusinessNewsTech

Survey Proves That Americans Are More Interested in EVs Due to High Fuel Prices

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Shubham Sawarkar
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ByShubham Sawarkar
Editor-in-Chief
Shubham Sawarkar is a technology journalist at GadgetBond, covering Apple, AI, consumer technology, software, gadgets, and product launches. His work explores emerging technologies, industry developments, product...
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Jul 10, 2022, 6:27 PM EDT
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Survey Proves That Americans Are More Interested in EVs Due to High Fuel Prices
myenergi zappi EV Charger (Photo by myenergi on Unsplash)
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Not only in the United States, but also in other regions of the world, fuel costs are at new highs. It’s difficult for car owners who use their vehicles frequently, and it’s even worse if your car lacks any kind of electricity.

In view of the high price of fuel, Consumer Reports (CR) recently published a survey demonstrating rising interest in electric vehicles (EVs). 8,027 Americans participated in the survey, making it the largest national survey group in the company’s records.

According to the announcement from CR, 71% of Americans have indicated some level of interest in purchasing or leasing an all-electric vehicle. If they were to get a vehicle today, 14 percent of those respondents would “definitely” lease or buy one, while 22 percent would “seriously consider” doing so. At the time of the study, the remaining 35% were still considering and only “might” choose one.

When given the option, 14 percent of Americans say they would definitely purchase an electric vehicle, which is a considerable increase from the 4 percent who said the same in 2020.

The most recent CR survey also revealed that almost half of Americans, or 46%, are unaware of the benefits offered to those who choose to purchase an all-electric vehicle. Benefits like tax credits or discounts at the time of purchase, according to more than half of those surveyed, would urge consumers to buy an EV.

The survey by CR was conducted between January 27 and February 18, 2022. At that time, the national average for gas prices increased from $3.34 to $3.52 per gallon. The average national gas price reached a record high of $4.43 per gallon in May, but the Automobile Association of America (AAA) reports that prices have since increased to $4.87.


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