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Third of drivers will never switch to EV, says Auto Trader

Average used EV prices fall 13% as stock levels surged 261% in March

20 March 2023
Richard Walker
Richard Walker

 

A third of all drivers will never switch to an electric vehicle despite the government’s ICE policy ambitions, according to new research.

The study by Auto Trader revealed drivers saw EV affordability as a big factor with 32% stating they “never intend to buy an EV regardless of the incentives offered”.

Some 30% of respondents said cutting the upfront cost of EVs was the most important factor in encouraging switching, with a new EV typically 36% more expensive than an ICE...

+92% more

 

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