Posted on 04/09/2024 8:22:08 PM PDT by SeekAndFind
The future for electric vehicles is looking bleaker than ever.
According to a Gallup poll published this week, the number of Americans who own an electric vehicle has indeed increased in the last year.
However, the number of those interested in buying one is on the decline despite efforts from the federal government to transition the entire automobile market within the next decade.
Seven percent of Americans, up from 4% a year ago, report that they own an electric vehicle. That increase is matched by an equal decline in the percentage saying they are seriously considering buying one, from 12% to 9%.
Meanwhile, fewer Americans -- 35%, down from 43% in 2023 -- say they might consider buying an EV in the future. Thus, even as some people have moved ahead with their intent to buy an EV in the past year, public demand for the cars has contracted.
Overall, less than half of adults, 44%, now say they are either seriously considering or might consider buying an EV in the future, down from 55% in 2023, while the proportion not intending to buy one has increased from 41% to 48%.
Perhaps unsurprisingly, the poll also found that Republicans and conservatives are the least likely to purchase EVs:
Those on the political left -- Democrats and liberals -- are more likely than those on the right (Republicans and conservatives) to be in the EV market. Twenty-seven percent of liberals own or are considering an EV, higher than for any other subgroup.
Meanwhile, the 7% market among conservatives essentially ties with senior citizens as the lowest among subgroups. Conservatives and Republicans are the two groups with the highest percentages saying they wouldn’t consider an EV.
EVs are also far more popular among wealthier Americans, underscoring the fact that they are generally unaffordable for people struggling in the Biden economy:
Upper-income Americans are the subgroup most likely to own an EV, with 14% doing so, up from 6% last year. This relationship may reflect the much higher purchase price of EVs compared with traditional gasoline-powered vehicles.
Another 11% of upper-income Americans are seriously considering buying an EV. The combined 25% compares with 14% of middle-income and 9% of lower-income Americans who own or are seriously considering buying an EV.
...Sixty-one percent of lower-income Americans say they would not buy an EV, up 18 percentage points from 43% in 2023, the biggest increase among major subgroups. In general, most subgroups show higher percentages now than a year ago saying they would not buy an electric vehicle.
Such findings underscore the growing crisis facing the EV industry, with many companies, including the likes of Mercedes and General Motors, cutting back on their production targets and laying off hundreds of workers.
This crisis is the result of various factors, including high production and maintenance costs, increased competition from China, and skepticism about the environmental benefits so aggressively touted by their advocates.
In February, The New York Times reported that even the Biden administration was giving up on many of its EV production targets as part of a “concession” to automakers and labor unions.
Why?
Do you think maybe this time they will work the bugs out of this technology first before they completely destroy an automotive industry that has been pumping out reliable vehicles powered by internal combustion engines for over a century? I don’t.
what about electric bikes?...anybody have any insight on them...
Got one last year. Has a range of 70 miles with pedal assist.
Pols need to allow Capitalism to control transition to other forms of transportation not mandates from Biden and Greta.
I’ll be buying a team of mules or oxen before I’ll be buying a new car, thanks to the government meddling in design and costs for the sake of “safety and the environment,” and inflation. Prices are obscene.
I guess the good side is I will have plenty of manure to spread around the Capitol.
I think Tesla’s declining sales are the reason that Elon Musk is currently pretending to be Republican.
He’s a lifelong government welfare recipient whose entire company was built with Uncle Sam’s cash and when that dried up a bit, he sold out to the Chicoms.
“Besides, I want to see Elon succeed.”
Maybe he’ll remember you in his will. /s
Hydrogen is the fuel of the future... and always will be.
Right now 90% of the hydrogen produced in the USA is made by taking a kilogram of natural gas and making a 1/3rd of a kilogram of hydrogen. Not very green.
Almost half the existing homes in this country still have a 60A service.
Nobody ever talks about that little problem, do they...
Hydrogen is the present and the future.
Our engines burn hydrocarbon fuels.
Not likely, but battery is even worse. It takes too much energy to separate hydrogen and costs too much to store.
I’m 70. I’ve been reading articles about huge advancements in fusion for decades. Same with batteries that will “change everything.” Oh, let’s not forget about room temperature super conductors. Science is wonderful. Science reporting is less so.
Thing is we have technology that is mature and inexpensive, ICE engines. The only problem with ICE technology is it has become the target of lunatic Climate Marxists who want us all wearing fig leaves and eating beans, which they will discover is causing global warming gases. Incidentally, they’ll be in their air-conditioned ivory towers chowing down on Kobe beef.
And flying on private jets...
A couple of months ago I needed to buy a new car. Pedo Joe told me I need to buy an EV so I bought an ICE car with 200 horsepower more than I could ever possibly need.
In the UK it’s nonexistent, horrible and very expensive charging stations that’s killing their EV Paradise , Oh the charging stations you find have no overhead cover so you get wet handling electricity
It not just Tesla. The other OEMs misjudged demand. Tesla got the low hanging EV fruit. 83% of the auto buying public think autos are too expensive, so that leaves 17% of the public that will do an impulse buy. There are other factors such as high interest rates and lack of tax credits on certain EV models..
Fantasy. Deep State is going to cram EVs down our throats whether we want them or not. It’s a big part of the overall strategy to restrict our movement and ultimately remove a few billion people from the planet.
Gas is good.
All completely true but in this case there are several companies already working on the mass production of solid state batteries.
Toyota is aiming to introduce them within the next few years and they have avoided making any electric car until that technology is ready.
Totally agree with you the government should not have forced the electric technology however it does have certain advantages including less maintenance and much better acceleration.
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