Road To Electrification: Survey Says Cost And Range Are The Top Hurdles

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Road To Electrification: Survey Says Cost And Range Are The Top Hurdles
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Road To Electrification: Survey Says Cost And Range Are The Top Hurdles via insideevs.com

Meanwhile, the KPMG survey found how location determines buying decisions. Buyers in the Pacific and Mountain regions were more likely to purchase alternative fuel vehicles, while those in the Midwest were least likely to do so.EPA's Strongest Emissions Standards Ever May Boost EVs, Save US Money: Livestream

Moreover, there are generational differences in buyer sentiment, according to the report. Generation X and Millenials are more likely to purchase an EV in the near future, while older Americans are slower in embracing the idea of plug-in vehicles. The survey also states that the youngest generation is the most optimistic about EVs, but is least likely to be able to afford them.

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