EV Holdouts Growing, Study Shows

South Africa News News

EV Holdouts Growing, Study Shows
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Consideration for electric vehicles is running short of juice according to the J.D. Power E-Vision Intelligence Report released Monday.

The percentage of those consumers saying they're “very likely” to consider an EV has stagnated at around 26.9% for the last few months, according to the report.

What's not surprising is the majority of Baby Boomers and Pre-Boomers aren’t considering EVs, according to the study. What is suprising to J.D. Power researchers is fully one-third of Gen Z shopper, what the study's authors term “the future of the marketplace,” say they’re “somewhat unlikely” or “very unlikely.”

But for many people, old habits are not only hard to break, but not necessarily habits they want to break. They're comfortable and predictable. After all, a gas station is never far away and it takes only a couple of minutes to fill up. For sure, protecting the environment is a key driver of legislation promoting an EV conversion and for a good many consumers, but for others, protecting the status quo is more important to them, if it makes life easier, predictable and more affordable.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yet another study shows San Antonio is one of the most popular U.S. moving destinationsYet another study shows San Antonio is one of the most popular U.S. moving destinationsThe Alamo City has ranked among Penske's most-moved-to cities for the past three years. SanAntonio SATX SanAntonioTX Texas moving
Read more »

Lots of options for growing potatoes on the PrairiesLots of options for growing potatoes on the PrairiesNo two potato cultivars are alike and every type of potato or cultivar has been bred for a particular purpose — like frying or boiling.
Read more »

North Dakota passes law outlawing abortion in most cases, adding to growing list of state restrictionsNorth Dakota passes law outlawing abortion in most cases, adding to growing list of state restrictionsNorth Dakota's Republican Gov. Doug Burgum made national headlines when he signed a bill on Monday outlawing abortion in the state with very few exceptions. The new law is just the latest in a string of strict restrictions on abortion passed by individual states since Roe v. Wade was overturned by the Supreme Court in June 2022.
Read more »

MINI V: Never Growing Up With Claire's - V MagazineMINI V: Never Growing Up With Claire's - V MagazineBehold! The latest cover for MINI V—the youngest edition of the V & VMAN editorial family! Shot by domenvandevelde & styled by formichetti, the modeling industry's new muses shine brightly with the dynamic power of fashion accessories house, claires:
Read more »

Mini V: Never Growing Up With Ever Anderson - V MagazineMini V: Never Growing Up With Ever Anderson - V MagazineA Star Is Born! ⭐️ 'Peter Pan & Wendy' star EverAnderson is the first-ever cover star for MINI V—the newest and younger edition of the V & VMAN editorial family—photographed by inezandvinoodh & styled by formichetti! ORDER THE PREMIERE ISSUE HERE:
Read more »



Render Time: 2025-03-01 15:50:33