One-Third of Americans Would Consider EV Purchase

Just over one-third of Americans would consider buying an electric vehicle for their next model, a new Reuters/Ipsos poll found. The seven-day poll completed on Monday found 34% of all respondents would consider an EV, while 31% said no. Among Democrats 50% said they would consider an EV, while 26% of Republicans and 27% of independents said they would consider. (Source & full article: Reuters)

EV Sales Expected to Reach Historic Highs this Year as Affordability Improves

Sales of electric vehicles are expected to reach historic highs this year in large part because they’re becoming more affordable, according to a new J.D. Power study released this week. However, shoppers who are interested in an EV but still can’t afford a new one, won’t find much relief on used car lots. Consumers have long cited high prices as a roadblock to buying an EV, but the new study states “approximately half of all vehicle shoppers nationwide will have a viable EV option available to them by the end of 2023. By the end of 2026, that number is expected to surpass 75%.” (Source & full article: Forbes)