Electric Vehicles Survey: Most See Increase in Next Five Years

With the latest increase in gas prices, many Americans are considering more fuel-efficient vehicles. Electric vehicles have gained a lot of attention in the past few years, but many potential customers are still weary because of safety issues and a hefty price tag. How many Americans can see themselves in an electric vehicle in the near future?

electric vehicle

Consideration

In Ask Your Target Market’s latest survey, only 1% of respondents said they currently own an electric vehicle. However, 13% said they definitely plan to in the future. 39% said they probably would, but just not any time in the foreseeable future. 31% said they might consider it. And 17% said they definitely don’t ever plan to buy an electric vehicle.

Road Blocks

For those respondents who don’t yet own electric vehicles, but aren’t completely against it, there were many reasons why they haven’t hopped on the bandwagon just yet. 62% said that electric vehicles are too expensive. 34% don’t believe the technology is advanced enough yet. 15% don’t think there are enough options available, and another 15% just don’t own a vehicle at all. 14% have just never considered buying one. And only 9% said they were concerned about safety issues.

The Future

Of course, gas prices are a major concern for many Americans at the moment. 74% of respondents said that if gas prices continue to rise, it could definitely impact their decision to purchase an electric vehicle someday. Additionally, 62% of overall respondents said they believe there will be a significant increase in electric vehicle owners within the next five years.

The widget below shows the results of the AYTM.com survey in full. Be sure to click “open full report” for full details.

Photo Credit: Electric Vehicle from Flickr

What do you want to know? If you need some consumer insights on a particular topic, let us know in the comments below and we’ll consider it for an upcoming survey post.

Results were collected on March 18 via AYTM’s online survey panel.

ABOUT THE AUTHOR: Anne Pilon
Anne Pilon brings 3 years experience to AYTM as a blogger and journalist. She has a degree in journalism and marketing communications from Columbia College in Chicago and enjoys writing about business, marketing, social media, and art.