EV Ownership Ticks Up, but Fewer Nonowners Want to Buy One

Close to half now say they would not buy an EV

Seven percent of Americans, up from 4% a year ago, report that they own an electric vehicle. That increase is matched by an equal decline in the percentage saying they are seriously considering buying one, from 12% to 9%. Meanwhile, fewer Americans – 35%, down from 43% in 2023 – say they might consider buying an EV in the future. Thus, even as some people have moved ahead with their intent to buy an EV in the past year, public demand for the cars has contracted.