Most major automakers are staking their futures on the idea that consumers will soon be ready to buy electricity stored in a battery pack. We thought now would be a good time to look at the trends in consumer opinions and the availability of electric cars this year.
Consumer Reports survey of American adults with a valid driver’s license conducted July – August of 2020 shows some interesting results.
4% “Definitely” plan to get an EV for their next vehicle
27% Will consider an EV for the next purchase
40% Have some interest in getting and EV is the future – not next purchase
29% Uninterested in ever getting an EV
Purchase Barriers
The two biggest barriers cited in the survey are vehicle charging and the price of EVs. Additional barriers include:
More kinds of EVs. 71% of drivers agree that the variety of EV vehicle types should be larger.
Consumer-friendly EV charging rates. 68% of the responders indicate that electric utilities should offer discounts to charge EVs.
EV Purchase Rebates. 60% agree that incentives and tax rebates for plug-in EVs should be available to all consumers.
Invest in EV Infrastructure. 55% of drivers agree that their state should increase the availability of EV charging stations.
Interest by Generation
78% Millennial
70% Gen X
66% Baby Boomer
58% Silent Generation
Electric Cars Available in 2021
The list below includes driving range and price.
BMW i3 - BMW i3: 153 miles, $45,445; BMW i3S: 153 miles, $48,445
Chevrolet Bolt - Bolt EV: 259 miles, $41,895
Hyundai Ioniq Electric - SE: 170 miles, $34,020; Limited: 170 miles, $39,950
Lucid Air - Dream Edition: 503 miles, $169,000; Grand Touring: 517 miles, $139,000; Touring: 406 miles, $95,000; Base: 406 miles, $77,400
Mini Cooper SE - Signature: 110 miles, $30,750; Signature Plus: 110 miles, $34,750
Iconic: 110 miles, $37,750
Nissan Leaf - Nissan Leaf S: 149 miles, $32,525; Nissan Leaf SV: 149 miles, $35,115; Nissan Leaf S Plus: 226 miles, $39,125; Nissan Leaf SV Plus: 215 miles, $40,675; Nissan Leaf SL Plus: 215 miles, $45,520
Polestar 2 - Polestar 2: 233 miles, $61,200
Porsche Taycan - Taycan 4S Performance Battery: 203 Miles, $105,150; Taycan Turbo: 201 Miles, $152,250; Taycan Turbo S: 192 Miles, $186,350
Tesla Model 3 - Standard Range Plus: 263 miles, $39,190; Long Range: 353 miles, $48,190; Performance: 315 miles, $56,190
Tesla Model S - Long Range Plus: 402 miles, $69,420; Performance: 334 miles, $91,990
For more information about each EV from Motor Trend, click here.
Dean and Draper
Thinking about buying a new car – EV or not? We are here for you to provide information about insuring that great car that’s caught your eye.
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Sources: Motor Trend, Consumer Reports, Houston Chronicle
The recommendation(s), advice and contents of this material are provided for informational purposes only and do not purport to address every possible legal obligation, hazard, code violation, loss potential or exception to good practice. Dean & Draper Insurance Agency specifically disclaims any warranty or representation that acceptance of any recommendations or advice contained herein will make any premises, property or operation safe or in compliance with any law or regulation. Under no circumstances should this material or your acceptance of any recommendations or advice contained herein be construed as establishing the existence or availability of any insurance coverage with Dean & Draper Insurance Agency. By providing this information to you, Dean & Draper Insurance Agency does not assume (and specifically disclaims) any duty, undertaking or responsibility to you. The decision to accept or implement any recommendation(s) or advice contained in this material must be made by you.