The top factors holding back U.S. EV adoption in 2023

The top factors holding back U.S. EV adoption in 2023

While EVs are seen by some to offer long-term savings, these savings are not equal for everyone.

Despite a federal initiative to have electric vehicles (EVs) account for at least 50% of new car sales by 2030, and a 65% jump in EV sales in 2022, 79% of Americans are still driving gas cars in 2023 and they aren’t ready to make the switch.

This is according to a new round of survey data provided by insurance company ValuePenguin, by LendingTree.

To find out what is holding Americans back from widespread EV adoption click HERE to read David Sickels’s full article on The Buzz.

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