Saturday, December 3, 2022
News J.D. Power Study Shows Many Consumers Still Skeptical About Electric Vehicles

J.D. Power Study Shows Many Consumers Still Skeptical About Electric Vehicles

  • Many consumers are still skeptical about electric vehicles new study shows

  • A change in perception could help accelerate electric vehicle adoption

The electric vehicle market is expanding like no other segment in the automotive industry. A multitude of new electric vehicles are expected next year, and market share for battery-powered vehicles is expected to explode in the near future.

However, a recent study by J.D. Power says consumers remain skeptical about electric vehicles.

The study suggests that while new EVs are coming to the market, work still needs to be done to convince buyers to shift to electric vehicles.

According to the study, only two out of 10 respondents are seriously considering an EV. On the other hand, the same percentage are definitely not considering any EV according to the study. That means that we have the same number of buyers on each side of the fence.

10 New Electric Cars to Look Out For in 2022

This is an improvement over past studies, and converting just 1 out of 10 consumers to electric vehicles would increase market share to 10%.

Still, with many jurisdictions considering a ban on internal combustion engines in the next decade, electric vehicles will need to convince more buyers than that if we don’t want to have an angry mob of motorists in the future. 

Volkswagen ID.4
Volkswagen ID.4 AWD Pro Rebelle Rally | Photo: Volkswagen

The study says that most consumers are hesitant towards electric vehicles because it is a new technology. Moreover, many consumers feel that they are paying a premium for their electric vehicle because of the fact that it is new.

J.D. Power demonstrated that if consumers are informed of the savings that can come with EVs because fuel no longer becomes an issue, many consumers tend to become more favorable to electrified vehicles. In other words, convincing consumers that they should embrace electric vehicles requires shifting how consumers determine value.

Tesla Model S Plaid | Photo: Screenshot Tesla website

J.D. Power says that in order to get more people on board with electric vehicles, manufacturers need to work on how these types of vehicles are perceived. There needs to be a shift from EV buyers feeling like they are giving it a shot to buyers feeling like they will enjoy their ownership experience more because it is an electric vehicle.

In other words, the study shows that there is still some work to be done when it comes to how consumers perceive electric vehicles and buying intentions. However, this presents an opportunity to automakers to shift their marketing message and better inform potentially view buyers.

Trending Now

The Lexus CT Could Return as a Small SUV

The hybrid sub-compact hatchback was sold in North America between 2011 and 2017. The new CT could slot between the sub-compact UX and...

Toyota to Launch All-New 2024 Grand Highlander in Early 2023

The new 2024 Toyota Grand Highlander will likely squeeze in between the Highlander and Sequoia. It will be revealed in full on February...

Deliveries of the Lordstown Endurance are About to Begin

The first units of the electric pickup have left the assembly plant. The company wants to have delivered 50 vehicles by the end...

Volkswagen May Team Up with Foxconn to Build Scout Vehicles

Taiwanese Foxconn is currently building the Lordstown Endurance pickup. Volkswagen announced the return of the Scout brand last May. Volkswagen is actively shopping for...

Corvette to Become a Brand with Sports Cars, SUVs, and a Sedan

GM will maximize the Corvette’s name recognition. The line-up will consist of premium sporty vehicles. Also, there’s too much money to be made by...
Charles Jolicoeur
Charles Jolicoeur was studying to be a CPA when he decided to drop everything and launch a car website in 2012. Don't ask. The journey has been an interesting one, but today he has co-founded and manages 8 websites including EcoloAuto.com and MotorIllustrated.com as General Manager of NetMedia360. He also sits on the board of the Automotive Journalists Association of Canada. Send me an email

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.