(LOOTPRESS) – Despite more than 75 electric vehicle (EV) models introduced in the past four years, interest in going fully electric is dropping among U.S. drivers, according to AAA’s latest consumer survey.
Only 16% of American adults say they are “very likely” or “likely” to make their next car an EV — the lowest level of interest since 2019. Meanwhile, 63% now say they’re “unlikely” or “very unlikely” to buy an EV, a significant jump from 51% last year.
“While the automotive industry is pushing hard toward electrification, consumer hesitation remains,” said Greg Brannon, director of automotive engineering at AAA. “EVs are evolving rapidly, but concerns about cost, convenience, and practicality persist.”
Why Drivers Are Pumping the Brakes on EVs
The biggest barriers for would-be EV buyers? High battery repair costs (62%) and steep purchase prices (59%). Other concerns include:
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Limited range and long-distance travel concerns (57%)
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Lack of public charging stations (56%)
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“Range anxiety” or fear of running out of power mid-drive (55%)
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Home charging challenges (27%)
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Safety concerns (31%)
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Uncertainty over tax credits and rebates (12%)
According to AAA’s 2024 Your Driving Cost analysis, EVs had the second-highest total ownership costs, largely due to depreciation and financing — even though they boast the lowest fuel and maintenance costs.
The Gas Price Effect Is Fading
Interest in EVs spiked in 2022 when gas prices hit $5 a gallon. At the time, 77% of likely EV buyers pointed to gas savings as their top reason. But with prices now hovering around $3.00–$3.50 a gallon, urgency to switch has faded.
Still, gas savings, environmental impact, and lower maintenance remain the top motivations for those who are still considering going electric.
Public Doubts the EV Future
Belief in an electric-dominated future is also sliding. In 2022, 40% of Americans believed most vehicles would be electric within 10 years. This year, only 23% think that’s likely.
Interest in EV incentives has dropped, too. Last year, 60% of likely EV buyers cited tax credits and rebates as a key reason. That number has now fallen to 39%.
AAA: Consider Hybrids as a Middle Ground
For hesitant drivers, AAA recommends considering hybrid or plug-in hybrid vehicles as a practical alternative. These models offer a balance between gas and electric power, reducing range anxiety while improving fuel efficiency and lowering emissions.
“Hybrids may be a better fit for many drivers right now,” Brannon added. “They offer a way to dip into the electric experience without committing fully.”
Resources for Drivers
AAA continues to support consumers with tools and information, including:
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AAA Car Guide: Reviews and rankings of EVs and hybrids
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Your Driving Cost Calculator: Helps drivers estimate annual EV ownership expenses
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#AdultingwithAAA: A video series offering tips on EV care and car ownership
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EV Research and Driving Tips: Guidance for first-time EV drivers, including safety, charging, and driving efficiency
AAA says it will continue tracking consumer sentiment and working to address barriers to EV adoption as the auto industry transitions toward a more electric future.
For more info, visit: AAA.com/EV
