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The survey results allow you to cool the moods to EVS.
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Consumers still fluctuate when it comes to cost and public charge.
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Currently, Trump’s administration is trying to distract EVS support.
Rivius (NASDAQ: RIVN) and Experienced engines (NASDAQ: LCID) entered in 2025 into various gear. Rivian entered the year without the main launch of vehicles, stagnant supplies and the absence of any visible catalysts, while Lucid brings together six consecutive quarters of records and playing the production of its new SUV. The only thing they have in common is growing, though slower than hoping, the electric car market (EV). Here’s the bad news: Some recent data say the EV moods look like a fight.
Tesla Changed the game when it first made EVS “Cool”. Since then, the excitement associated with EVS, as the future of transport, has swept through the globe, in some countries (like China) faster than in others. But, according to a recent poll, this excitement may be in the US reduction
Interest in EVS, which has passed to the lowest level since 2019, reports a consumer poll ordered by AAA. Only 16% of respondents reported that “probably” or “very likely” to buy EV as the next vehicle signaling consumers. The percentage of respondents who noted that they would be “unlikely” or “very unlikely” to buy EV, as their next vehicle jumped from 51% to 63%, which is the highest estimate since 2022. The percentage that most cars will be electric over the next decade decreased from 40% in 2022 to 23% this year.
Not only is there an interest in EVS, but also protracted pessimism associated with the cost of battery repair, overall expenses and infrastructure charging is a story like EVS themselves. More precisely, 62% of the respondents noted the high cost of recovery of batteries as the main cause of electric avoidance, while the purchase price is 59% of respondents.
An option when it comes to the cost of the purchase, of course. The average transaction price for the new EV in March was $ 59 205, which is much higher than the total average transaction price of $ 47,462, according to Cox Automotive. As for consumers’ concerns, 56% of respondents were afraid to end while driving, and 55% noted the lack of convenient state charging stations.
The feelings of consumers who are diminishing go hand in hand with the efforts of Trump administration to pull support from the EV industry. On May 22, the House of Representatives adopted a budget bill that will reduce federal stimuli for battery production, as well as other net energy projects. If the Senate approves it, it will reduce the bill section, which provides a $ 7,500 tax loan.
