A recent survey conducted by the automotive research firm, CarGurus, has revealed that 30% of Americans who are in the market for a new car are not interested in purchasing a gasoline-powered vehicle. This is a significant shift in consumer behavior and highlights the growing demand for alternative fuel vehicles.
The survey, which was conducted in May 2021, included responses from over 1,000 American adults who were planning to purchase a new car within the next 12 months. Of those surveyed, 30% said they were not interested in buying a gasoline-powered vehicle, with 20% stating that they were considering an electric vehicle (EV) and 10% considering a hybrid.
This shift in consumer behavior can be attributed to several factors, including concerns about the environment and climate change, rising gas prices, and advancements in technology. As more people become aware of the negative impact of gasoline-powered vehicles on the environment, there has been a growing demand for cleaner and more sustainable alternatives.
Electric vehicles, in particular, have gained popularity in recent years due to their zero-emissions and low operating costs. The survey found that among those considering an EV, the top reasons for doing so were environmental concerns (55%), lower operating costs (46%), and government incentives (35%).
Hybrid vehicles, which combine a gasoline engine with an electric motor, have also become more popular as they offer improved fuel efficiency and reduced emissions compared to traditional gasoline-powered vehicles. The survey found that among those considering a hybrid, the top reasons for doing so were improved fuel efficiency (60%), environmental concerns (50%), and lower operating costs (44%).
Despite the growing demand for alternative fuel vehicles, there are still some barriers to adoption. One of the main concerns among consumers is the limited range of EVs and the lack of charging infrastructure. However, as technology continues to advance and more charging stations are installed across the country, these concerns are expected to diminish.
In conclusion, the CarGurus survey highlights a significant shift in consumer behavior towards alternative fuel vehicles. As concerns about the environment and rising gas prices continue to grow, it is likely that more Americans will consider purchasing electric or hybrid vehicles in the future. This trend is not only good for the environment but also for the economy as it creates new jobs and opportunities in the clean energy sector.
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- Source: Plato Data Intelligence: PlatoData