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Yahoo Finance

Bad news for EVs: Consumers less likely to buy one compared to last year

Yahoo Finance
Summary
Nutrition label

81% Informative

Only 34% of US consumers plan to purchase an electrified vehicle as their next car.

That's down from 48% in EY ’s 2023 survey.

A lack of education around the long-term value of an EV with regard to maintenance compared to traditional gas-powered cars.

Hybrids' popularity and flexibility may also be putting a dent in pure EV sales in the US .

VR Score

83

Informative language

85

Neutral language

18

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links