CBS Poll Shows High Fuel Prices Are Driving Interest in EVs

A recent survey has found that about one-third of adults in America would consider purchasing an electric vehicle if they were in the market for a car. However, roughly 40% admitted that they wouldn’t consider the purchase of an electric car. The survey was carried out by CBSNews/YouGov, with a sample of 2,062 adult residents in the United States. The interviews were conducted between April 5–8, 2022.

Those surveyed cited the increasing price of gas as a major reason for wanting electric cars, coupled with the belief that electric cars were better for the environment. Overall, however, higher gas prices have not caused more individuals to consider the purchase of an electric vehicle over a gas-powered vehicle.

The survey found that even among individuals who cited gas prices as a reason they felt the economy was in a bad state, a large number would prefer buying a gas-powered vehicle over an electric or hybrid vehicle.

Past polls have highlighted a number of practical reasons as to why people wouldn’t consider an electric vehicle, with the cost of these vehicles being a major reason why individuals wouldn’t consider their purchase. Additionally, views on energy policies also inform whether or not individuals would consider buying an electric car. The survey found that those who felt that policies should encourage the use of electricity from wind and solar sources rather than oil or coal were more likely to consider buying a hybrid or an electric car.

On the other hand, the survey also found that those who felt that energy policies in the United States shouldn’t encourage the use of green-energy sources and would instead prefer that they encourage power from coal or oil, were less likely to consider purchasing a hybrid or electric car.

For a long time now, people who profess being affiliated to a specific party have held different opinions on how America should deal with environmental issues and climate change. The survey found that in comparison to Republicans, Democrats were more likely to view climate change as an urgent issue that needed to be dealt with, which is why they were more likely to consider the purchase of an electric vehicle.

The nationally representative sample included in the survey was weighted according to education, race, age and gender, based on the 2020 presidential vote, the Current Population Survey and the U.S. Census American Community Survey.

As the cost of acquiring an EV gradually drops, we are likely to see more electric vehicles being produced by sector players such as ElectraMeccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) as EV adoption becomes widespread in all segments of the automotive market.

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.greencarstocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer

Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
Editor@GreenCarStocks.com

Green Car Stocks is part of the InvestorBrandNetwork.