consumer survey
Consumers Turned Off By High EV Prices
Electric vehicles face many hurdles compared to their conventional, internal-combustion-powered counterparts. Consumers are generally unfamiliar with them plus they have range-related issues, but that’s not all; pricing is also a problem for new-vehicle shoppers.
Survey Finds People Hold Onto Their Vehicles Longer
We’re holding onto our cars for longer than ever before, says a recent analysis from the survey experts at R. L. Polk & Co. This means that consumers are now holding onto a new vehicle for 63.9 months on average, based on second quarter 2010 data. This number is up 4.5 months from the same…
