Reported 4 months ago
A recent KPMG study revealed that Americans still prefer purchasing gas vehicles over hybrid or electric vehicles, even when they have the same price and features. The study found that only one-fifth of respondents would choose an electric vehicle over a gas or hybrid vehicle. This preference contrasts with a global decline in electric vehicle demand, prompting automakers like Ford, General Motors, and Mercedes to reconsider their electric vehicle strategies. Additionally, the study highlighted discrepancies between U.S. consumers and auto industry executives regarding expectations for EV charging times during road trips, with 60% of consumers desiring charging in 20 minutes or less compared to 41% of executives. Consumer willingness to pay for self-driving features and entertainment was lower than for safety, WiFi, and charging locator services, according to the study.
Source: YAHOO