June 25, 2024
Electric & Hybrid Cars

AAA survey reveals growing concern among buyers about electric vehicles, increasing preference for hybrids

Hybrids. Affirmative. Electric cars, perhaps not.

Putting aside federal tax incentives and car companies’ promotion of fully electric vehicles to American consumers; the appeal of EVs has decreased this year. Conversely, people are more inclined towards purchasing a hybrid.

An April survey by the American Automobile Association reveals a consistent pattern: Only 18 percent of Americans are “likely” or “very likely” to purchase a fully electric vehicle, a decline from 23 percent last year. Meanwhile, 63 percent of respondents express that it is “unlikely” or “very unlikely” for their next vehicle acquisition to be an all-electric one.

However, hybrids, which operate on a blend of gasoline and electricity, are notably preferred as per the AAA, with 31 percent of participants stating they are “likely” or “very likely” to purchase a hybrid vehicle.

Some rationales provided: A hybrid vehicle alleviates apprehensions for consumers by enabling them to experience the advantages of electrification without disrupting their current lifestyle. Range anxiety remains a concern for many. Those surveyed mention that with hybrids, they are less worried about being stranded if the battery runs out, and they have a lesser impact on long-distance journeys.

Conversely, full electric cars and SUVs raised apprehensions about pricing in comparison to traditional vehicles (highlighted by 60 percent of respondents, up by 1 percent) and the high expenses for repair or battery replacement (57 percent, up by 2 percent).

“Opting for a shift to full electric may seem daunting for many consumers, and a hybrid alternative could serve as a bridge for this gap,” articulated Greg Brannon, director of automotive research at AAA, in a statement. “Consumer demand will ultimately shape the future, and I anticipate a mix of EVs, hybrids, and internal combustion vehicles at dealerships and on U.S. roads for numerous decades to come.”

AAA disclosed that the survey was conducted from April 4-8 among 1,152 adults aged 18 and above using a probability-based panel, which encompasses around 97 percent of the US household population. The organization reported a margin of error of +/- 4 percent.

FAQ

Q: Are hybrid cars more reliable than electric cars?

A: The reliability of a vehicle depends on various factors, including maintenance, usage, and brand. However, hybrids are often perceived as more reliable due to their dual power sources.

Q: Will the cost of batteries for electric cars decrease in the future?

A: It is anticipated that advancements in technology and increased production of electric vehicles will lead to a decrease in battery costs over time.

Conclusion

In conclusion, while the interest in fully electric vehicles may have decreased recently, hybrids are gaining popularity among consumers. The choice between electric, hybrid, or internal combustion vehicles will likely continue to coexist in the automotive market for the foreseeable future.

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