Enthusiasm for electric vehicles wanes among US buyers, despite new choices

Recap: Americans' enthusiasm for electric vehicles appears to be cooling, even as automakers offer more choices than ever before. Over the past four years, more than 75 new fully electric models have been introduced in the United States, giving consumers an unprecedented range of options. Yet recent research suggests that this expanded selection has not translated into increased interest among buyers. A new study from AAA, conducted in March and based on interviews with more than 1,100 adults, found that just 16 percent of Americans say they are "very likely" or "likely" to choose an electric vehicle for their next car. This is the lowest level of interest recorded since before the pandemic. At the same time, the proportion of people who are "unlikely" or "very unlikely" to consider an EV has climbed to 63 percent, up from 51 percent four years ago. The study points to several persistent concerns that are shaping consumer attitudes. High battery repair costs were cited by 62 percent ... Read full article.