Study: People Want to Buy EVs but Costs Are Still Too High

One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric vehicles. As it turns out, the demand is there, but costs are a significant hurdle for buyers. A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership. 

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World's Auto Execs Don't Buy Their Electric Cars Hype


The majority of car makers the world over think that for the next five years, electric cars will remain too expensive to stand a chance in the mass market. Their saving grace must be government subsidies. Without government money, EVs are priced out of the market.

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  • Slavuta "These moves follow similar actions by the European Union and Canada, which have also announced tariffs on Chinese EV imports." ..... just say as it is - America told its puppets to tariff Chinese goods and puppets quickly complied while US was preparing itself.
  • Slavuta "Nissan folks told me that the brand is aiming the Kicks at the Hyundai Kona, Chevrolet Trax, and Kia Soul. The Kicks is also squarely aimed at younger buyers...." ...........we've heard this "younger buyer" claim from Soul (especially). And I see mostly old folks driving it
  • SilverHawk During the time of the annual model year changes, Motor Trend would do a Preview edition that included actual pencil drawings of new grills and taillights, along with whatever spy photos they had. Those pencil drawings were supplied by the manufacturers. At the time, I had friends at AMC and Ford who made these drawings available to MT.
  • Todd Reasland "For the SV, the FWD starts at $23,680 and AWD adds $25,330. " Yikes...25K more to get AWD? :)
  • 1995 SC I think it's different now and the manufacturers just sort of leak them to the desired automotive "influencers" but it is still interesting with some cars. The C8 was a good example because it was such a radical change.