EVs on Their Minds
Poll finds majority of global consumers in the market for electrifieds.

Consumers’ interest in EVs are in part due to perceived lower operational costs and environmental sustainability concerns, the survey found.
Pexels/Pixabay
Electric vehicles are on the minds of more consumers, at least on a worldwide basis, according to new poll results.
The Tata Consultancy Services study found that six out of 10 consumers are likely or very likely to consider an EV as their next vehicle. It revealed the survey results at the Detroit Auto Show, taking place through Jan. 20.
The high percentage – 64% – defies persistent hesitations on the part of many consumers about pure electric vehicles or plug-in hybrids, namely insufficient charging infrastructure and higher sticker prices.
More than 1,300 consumers were polled in the U.S. and Canada, plus the United Kingdom and Ireland, continental Europe, and Asia. Those polled also included transport manufacturers, charging infrastructure players, fleet adopters and EV adoption influencers.
Tata, an India-based company that specializes in information technology and consulting services, said 56% of survey respondents said they’re prepared to pay up to $40,000 for an EV.
Key factors in consumers’ interest in EVs are what Tata identifies as lower operational costs, in addition to environmental sustainability concerns, though it said nearly half of EV influencers polled believe EVs increase negative environmental impacts as much as they curb them.
Originally posted on Auto Dealer Today
More Industry

Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →
Auto Retail Families Get Out While the Getting’s Good
Kerrigan Advisors’ first-quarter Blue Sky Report shows a sharp uptick in buy-sell deals as more retailers take advantage of handsome values while seeking to escape market risk.
Read More →
Holman Opens New Lexus Dealership
Located in the heart of Clark County, Lexus of Vancouver features a multi-level showroom, more than 30 service bays, an indoor drive for drop-off and pick-up and a fleet of courtesy vehicles.
Read More →
Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →