As the world shifts towards a more environmentally friendly and sustainable future, many consumers are turning to electric vehicles (EVs) as their next car purchase. However, despite growing interest, a significant number of potential buyers are still being deterred by two key factors: price and charging availability. According to a new report, while some consumers are willing to pay a premium for the benefits of EVs, many others are being priced out of the market, with some models costing upwards of $10,000 more than their gas-guzzling counterparts. Meanwhile, concerns about charging infrastructure and access to reliable charging points remain a major obstacle for those considering making the switch to electric.
More shoppers considering EVs, price and charging availability still driving many away CBT News