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: EV infrastructure, parts still give potential EV buyers pause, survey finds

U.S. residents are growing more interested in owning an electric vehicle, but still worry about where they'd charge it and whether they'd be able to find parts to fix it, according to a survey by online car marketplace CarGurus Inc. Read More...

U.S. residents are growing more interested in owning an electric vehicle, but still worry about where they’d charge it and whether they’d be able to find parts to fix it.

That’s among the key findings from a survey by CarGurus Inc. CARG, +2.01% released Wednesday.

“We see rapid ‘mainstreaming’ of EVs among car owners,” the online car marketplace said. More than half of the survey respondents expect to own an EV in the next 10 years, up from 34% in 2018, the company said.

Many survey respondents, however, answered that they would not yet consider owning an EV.

In the study, 65% wanted more charging stations in their area before buying one, and 62% would worry about their ability to find replacement parts and batteries.

“Making charging stations and replacement parts widely available would be the most effective way to speed up adoption,” CarGurus said.

Other reasons that would convince people to own an electric car included long-term fuel and maintenance savings outweighing the car’s higher price, the existence of tax incentives and rebates, resale value and extended warranties.

CarGurus surveyed 1,097 car owners in the U.S. on their sentiment towards EV through an online survey. The respondents were balanced in terms of key demographics, such as gender, region, and income, in alignment with the U.S.
census. The company also surveyed owners in 2019 and 2018.

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