US consumer data shows increased interest in EVs as next new car purchase
New models, increased infrastructure, and lower prices are on the minds of consumers as they trade-in their pumps for plugs.
While I'm sure there will be trolls in their C10 Chevys with mismatched body panels telling people otherwise. EVs are here to stay, and in the past few months alone, the industry has been lit up with a list of new EVs that are just a few years away from dealership lots. Take the GMC Hummer EV SUV and Pickup Truck, who would have thought that Hummer would be in the news as gas prices continue to creep up, and the economy continues to fluctuate? Cadillac preparing an entire fleet of EVs, Buick is getting on EVs with the Electra concept, while automakers like Ford are creating enthusiast EVs like the Mustang Mach-E. Then there are the ever-growing list of EV startups that are getting closer to production with every passing day.
New datasets from Consumer Reports, J.D. Power, and Nielsen prove that EVs are on their way into the driveways of homes across the nation, with potential for 16 million EVs to be sold over the next four years. Incentives from the government, growing technology and increased infra structure are all part of the EV equation. Finding new solutions to charging, increased range from batteries, and the number of available models also play into this equation, and there isn't a single company working harder on this than Tesla.
I think it's safe to say that Tesla redefined what an EV was, and flipped the industry on its head as it continues to produce hundreds of thousands of vehicles every year. In 2020, Tesla managed to move more than 500,000 cars, a large majority of them being the Model 3 and Model Y, which are much more obtainable in price than the Model S and Model X. With an increasing charging network and over-the-air updates that can improve features, Tesla is sure to win over the hearts both the EV faithful, and the EV curious through next year.
Let's also bear in mind, new EV models are being introduced at an extraordinary rate of speed. Take this Mercedes-Benz EQB, which was just unveiled over the weekend. The industry is rapidly making up ground that it lost to Tesla, and with a push to electrification that is supported by several of the world's strongest countries, its only matter of time before the number of EVs on the road start skyrocketing.
The truth of the matter is that there are more EVs that are fulfilling the needs of the nearly 15 million people that purchase vehicles every year. Whether its an EV that can crab walk, do tank turns, or EVs that do the school run or join the rat race, the fact remains that they are becoming more affordable and more accessible. While that does make the future of gas-powered cars a little more uneasy than normal, I think that as enthusiasts, we are going to be just fine.