agent Entrepreneur logo
MenuMENU
SearchSEARCH

EVs on Their Minds

Poll finds majority of global consumers in the market for electrifieds.

January 15, 2025
EVs on Their Minds

Consumers’ interest in EVs are in part due to perceived lower operational costs and environmental sustainability concerns, the survey found.

Credit:

Pexels/Pixabay

1 min to read


Electric vehicles are on the minds of more consumers, at least on a worldwide basis, according to new poll results.

The Tata Consultancy Services study found that six out of 10 consumers are likely or very likely to consider an EV as their next vehicle. It revealed the survey results at the Detroit Auto Show, taking place through Jan. 20.

Ad Loading...

The high percentage – 64% – defies persistent hesitations on the part of many consumers about pure electric vehicles or plug-in hybrids, namely insufficient charging infrastructure and higher sticker prices.

More than 1,300 consumers were polled in the U.S. and Canada, plus the United Kingdom and Ireland, continental Europe, and Asia. Those polled also included transport manufacturers, charging infrastructure players, fleet adopters and EV adoption influencers.

Tata, an India-based company that specializes in information technology and consulting services, said 56% of survey respondents said they’re prepared to pay up to $40,000 for an EV.

Key factors in consumers’ interest in EVs are what Tata identifies as lower operational costs, in addition to environmental sustainability concerns, though it said nearly half of EV influencers polled believe EVs increase negative environmental impacts as much as they curb them.

Originally posted on Auto Dealer Today

More Industry

Photo of Cadillac Lyriq SUV on road with partly cloudy sky in background
Industryby Hannah MitchellApril 16, 2026

Used Autos Selling for More

A recent price spike due to several larger market forces, though it hasn’t dulled demand, is pushing more consumers to efficient models to squeeze in buys.

Read More →
Photo of facade of Waldorf Toyota car dealership
Industryby Hannah MitchellApril 16, 2026

Maryland Auto Group Sells

A group out West picked up the major D.C.-area collection, putting it in the upper tiers of private automotive groups in the U.S.

Read More →
Line graphic showing Cox Automotive's March Credit Availability Index status
Industryby Hannah MitchellApril 13, 2026

Auto Lending Opens Up in March

Lenders loosened access for subprime borrowers, and consumers with negative equity reached a record high, Cox Automotive reported.

Read More →
Ad Loading...
electric vehicle next to an urban charging station. EV Demand Diverges. F&I and Showroom logo
Industryby Lauren LawrenceApril 10, 2026

EV Interest Varies Regionally

U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.

Read More →
Photo of the rear of a Mercedes GLC 400 electric SUV with a skyline in the background
Industryby Hannah MitchellApril 10, 2026

Brands Weighed on Projected Recalls

Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.

Read More →
Photo of white 2026 Ford Bronco on a sandy beach
Industryby Hannah MitchellApril 10, 2026

March New-Vehicle Sales Don’t Reflect War

Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.

Read More →
Ad Loading...
Photo of several cars on lifts in a service center
Industryby Hannah MitchellApril 9, 2026

Franchised Dealers Stand to Gain Service Business

Cox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.

Read More →
Photo of office desk with open laptop on it and an empty chair next to it
IndustryApril 9, 2026

What Matters Most in Building Your Agency

The partner you choose for growth and expansion is key, because better is the ultimate goal instead of growth for growth’s sake.

Read More →
car with hood open, an arm holding a wrench, The most loyal generation text, Agent Entrepreneur logo
Industryby Lauren LawrenceApril 9, 2026

Service Drives Gen Z Loyalty

The dealership profit center plays an important role in customer retention, and generation Z customers are showing the highest loyalty rates, based on recent CDK Global data.

Read More →
Ad Loading...
Photo of man with most of his face hidden as he types on a computer keyboard
Industryby Hannah MitchellApril 2, 2026

Fake Auto Dealer Websites Frauding Consumers

The Point Predictive study traced a pattern across more than 100 websites it believes are being developed by an international theft ring.

Read More →