When it comes to Switching to Electric Vehicles, 40% Motorists Worldwide are Tempted

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posted on 3 years ago — updated on 1 second ago

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The study was conducted by the consulting firm EY among more than 9,000 motorists in 13 countries.

The future of automobiles is definitely electric and as the years go by, people are warming up to the idea of having their next vehicle be electric. A big reason for this increase of acceptance is perhaps the reason that now, there are more electric vehicles on sale than ever before, with even more models ready to hit the roads from almost every automaker in the immediate future.

Electric vehicle purchase intentions continue to grow around the world. According to a recent study, more than 40% of motorists are now considering switching to an electric vehicle when they make their next purchase. While one in two motorists worldwide still plans to choose a combustion engine car for their next vehicle purchase, 41% are already planning to switch to a 100% electric or hybrid model, and a further 2% could opt for a hydrogen-powered car, according to a study published by the consultancy firm, EY.

But the results can vary greatly from country to country. While the majority of people in Italy (63%), South Korea (56%), Singapore (55%) and China (51%) would like to buy an electric or hydrogen-powered vehicle in the near future, the majority of those in Australia (75%), India (65%) and Canada (59%) would like to continue to buy gasoline- or diesel-powered cars.

The main reasons encouraging drivers to go electric are environmental protection (49%), as well as the financial incentives available (29%), range (28%) and available charging infrastructure (28%). Unsurprisingly, drivers’ biggest concern is the cost of ownership (50%).

Note that one of the most striking measures of the Green Deal unveiled by the European Commission concerns the obligation for manufacturers to stop producing new internal combustion engine vehicles by 2035. Indeed, in Europe and elsewhere, today’s sceptics will probably have little choice but to switch to electric in the coming years.

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The study was conducted by the consulting firm EY among more than 9,000 motorists in 13 countries (Australia, Canada, China, Germany, India, Italy, Japan, New Zealand, Singapore, South Korea, Sweden and the United Kingdom).

(WITH INPUTS FROM AFP RELAXNEWS)

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