Once you go electric, you'll probably never go back to a gas car. According to a new survey from Global EV Alliancemore than 90% of EV drivers plan to buy another electric vehicle after trading in a gas vehicle. Meanwhile, only 1% said they would return to the ICE vehicle.
EV drivers rarely return to gas vehicles, new research shows
A new study by the Global EV Alliance collected data from more than 23,000 electric vehicle drivers in 18 different countries, including the US, Canada, France, India, Brazil, and more.
They found that EV drivers are more likely to stick with an electric vehicle than to return to a gas-powered vehicle.
According to research (via Bloomberg), 92% plan to buy another EV, while only 1% said they would go back to a gas car. Another 4% of those surveyed said they would choose a plug-in hybrid (PHEV). The main factor behind this decision is the low operating costs (45%).
Other top reasons for sticking with an EV are that it's more climate friendly (40%), better for the environment (32%), better to drive (21%), and has lower maintenance costs (18%).
If you've ever driven an electric car, then you know why. A nearly silent, smooth ride is impossible even with the most advanced gas cars. Then, factor in the approximate operating and maintenance costs, and you can see why EV drivers rarely go back.
It's automakers like Tesla that offer similar deals free for three months of Supercharging, you can drive around without paying a penny for energy (including gas, oil, liquids, etc.).
Now several new low-cost EVs have arrived, making it even more attractive to buy. Incentives, such as a $7,500 US federal tax credit, put EV prices on par with their gas-powered counterparts. In many cases, they are even more affordable.
Electrek's Take
With EV battery prices dropping at their fastest rate this year since 2017, electric vehicles are poised to become even more affordable.
Electric cars are already superior to gas cars, but as new software, batteries, and other technologies improve, they will become smarter and more efficient.
According to a leading EV research firm Rho Motionglobal electric sales reached a new record in October, with more than 1.7 million EVs sold. China continued to dominate the market with 1.2 million EVs sold, up more than 50% from October 2023.
Sales in the US and Canada are growing steadily (+9% YTD). With new EV models like the Honda Prologue taking the US by storm, demand is expected to continue to rise.
Electric vehicles are expected to continue to steal the market from electric vehicles in the next few years as the new market with low prices has advanced electric SUVs, sedans, crossovers, flagships, luxury models and more.
When you drive an EV, what do you like about it? Is there anything you would change? Let us know in the comments below.
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