Enthusiasm for electric vehicles wanes among US buyers, despite new choices
SMRTR summary
Interest in electric vehicles (EVs) among Americans is declining, with only 16% likely to choose an EV for their next car, according to a AAA study. Concerns include high battery repair and purchase costs, long-distance travel capabilities, and lack of charging infrastructure. The percentage of Americans believing EVs will surpass gas-powered cars within a decade has dropped from 40% to 23%. Despite lower fuel and maintenance costs, high upfront prices and depreciation continue to deter many buyers.
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