Photo Credit:Fair Use [17 U.S.C. § 107]

A Second Wave Of EV Shoppers Is On Its Way, But Current Demand Is Still A Problem

16 May 2024 | Abstracted from Morning Star

"Today's electric-vehicle skeptics are on their way to becoming the next EV buyers, Cox Automotive said...in a report...sees a 'second, significant wave' of EV shoppers by the second half of the decade. The same study, however, found that nearly half of all people shopping for vehicles today are not considering an EV...within the next 10 years, '80% of today's skeptics will be ready to consider an EV as more barriers fall..."

ADDITIONAL RELATED NEWS LINKS

• High Insurance Premiums Are the Latest Thing Weighing on China's EV Market


• EVs Are Cheaper Than Ever. Can Car Buyers Be Won Over?


• Tesla's Share of the EV Market Shrinking


• How E-Bikes Took Over European Cities


• Ford CEO Jim Farley Calls On The United States To Rally Behind EVs


• Electric Vehicle Popularity Is Hidden Amidst Controversies


• E-buses Are Set To Exceed 60% Of Sales By 2030 Globally, According To BloombergNEF


• EV Rebates Are Nice. This Is Better


• China Has An Electric Vehicle Advantage But Can It Maintain Its Edge?


• Electric Cars Are Suddenly Becoming Affordable