Interest in electric vehicles surged in 2024, as a CDK Global survey revealed that 31% of gas-car shoppers intend to transition to EVs, up from 18% in 2023. Interest in hybrids also reflected this trend, with 54% expressing interest in electric cars. Though the EV market is not growing as rapidly as prior years, it continues to thrive with 1.3 million U.S. electric car sales, a 7.3% increase. Challenges remain, notably concerns around driving range, charging times, and a reliable charging network, which could hinder wider adoption.
The percentage of gas-car shoppers planning to buy an EV increased from 18% in 2023 to 31% in 2024, indicating growing interest in electric vehicles.
Despite perceptions of stalling demand, the EV market remains in growth, confirmed by 54% of hybrid considerers expressing intent to purchase electric cars.
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