EVs will account for only 3% of the new-vehicle market this year

Lack of charging infrastructure is the top barrier to electric vehicle adoption, however, availability of charging stations, vehicle range, and battery concerns have become less of a barrier for potential buyers

Among EVs offered today, the average range is approximately 257 miles, 18% more than the minimal accepted range of 217 miles from a 2021 study

EVs are too expensive, according to more than half of the consumers not considering an EV for their next vehicle—in fact, only 3% of shoppers in the study indicate that their next will, for certain, be an EV

The average price paid for a new EV was close to $60,000, before rebates, and well above gasoline-equivalent vehicles—that number jumps to 71% in a case where EVs are priced $5,000 below an equivalent gas vehicle

Nearly 60% of vehicle intenders would consider an EV if there was no price premium

Consumers in the U.S. – particularly younger Millennial and Gen Z buyers – are becoming more open to the idea of an electric vehicle future

Few auto dealers feel well prepared to handle an increase in EV sales in the future— 71% indicated they were "only somewhat" or "not at all" prepared to sell EVs