New Report Reveals Growing Interest in Electric Vehicles

TLDRAccording to a new report by Price Waterhouse Cooper, there is a strong interest in electric vehicles, with 30% of people planning to buy one in the next two years. The report also highlights that the demographics of those interested in buying EVs are shifting towards a mass market, with younger, middle-aged, urban individuals being the main target audience. However, affordability remains a key challenge for potential buyers.

Key insights

📊30% of people have an intention to buy an electric vehicle in the next two years.

📈The demographics of potential EV buyers are shifting towards a mass market.

💰Affordability is still a challenge for many individuals looking to purchase an electric vehicle.

🌍Asia Pacific and Europe are leading the way in EV adoption, with North America lagging behind.

🌐Tesla owners are less likely to switch back to internal combustion engine vehicles.

Q&A

Who conducted the survey?

The survey was conducted by Price Waterhouse Cooper.

What are the key findings of the report?

The key findings of the report include a growing interest in EVs, a shift towards a mass market, and affordability as a challenge for potential buyers.

Which regions are leading in EV adoption?

Asia Pacific and Europe are leading in EV adoption, while North America lags behind.

What is the main demographic of potential EV buyers?

The main demographic of potential EV buyers are younger, middle-aged, urban individuals.

Are there any specific challenges for EV adoption?

Affordability remains a challenge for many individuals looking to purchase an electric vehicle.

Timestamped Summary

00:00A new report by Price Waterhouse Cooper reveals a strong interest in electric vehicles, with 30% of people planning to buy one in the next two years.

03:22The demographics of potential EV buyers are shifting towards a mass market, including younger, middle-aged, urban individuals.

05:44Although North America lags behind in EV adoption, Asia Pacific and Europe are leading the way.

10:31Tesla owners are less likely to switch back to internal combustion engine vehicles after purchasing an EV.