More Shoppers Eyeing EVs
J.D. Power study found interest has surged due to more affordability and availability in the segment.

J.D. Power said it believes the industry is now in a good spot to win over consumers who've clung to the gas-powered model.
IMAGE: Pixabay/distel APPArath
Consumer interest in electric vehicles, though slower to gain steam than manufacturers had anticipated, nevertheless is gaining.
A J.D. Power survey found 29% of consumers say they’re very likely to consider an EV as their next purchase or lease, the biggest percentage in nearly a year and a half.
The researcher credited increased production of lower priced Ford F-150 pickup trims and price cuts last year by U.S. EV market leader Tesla.
Large automakers started scaling back on EV production plans last year as consumer demand flattened, some switching focus to more hybrid production. Legacy brands have targeted all-electric lineups by next decade but haven't at least publicly backed away from those.
So far, the typical EV buyer has been in the early-adopter segment, and brands must now work on convincing the mass market to make the switch from gas-powered models. Surveys have consistently shown, though, that consumers resist it due to battery range and affordability concerns.
J.D. Power said it believes the industry is now in a good spot to win them over, indicating that "consumer interest, availability and affordability are all hitting the highest levels we’ve seen" in the past year. It said affordability has come in line with gas-powered vehicles due to tax breaks and Tesla's price cuts.
Originally posted on Auto Dealer Today
More Industry

Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →