agent Entrepreneur logo
MenuMENU
SearchSEARCH

EVs Still in the Running

Consumer interest hasn’t waned despite growing obstacles.

May 16, 2025
EVs Still in the Running

Concerns about inadequate public chargers continue to impede EV adoption, the research found.

Credit:

Pixabay/LeeRosario

2 min to read


Demand for purely electric vehicles appears to be steady despite new and lingering challenges to adoption.

The fifth annual J.D. Power survey found stable interest among consumers in the market to buy or lease a new ride in the next 12 months.

Ad Loading...

Though the Republican-dominated federal government is targeting Biden-era electric-vehicle purchase incentives and infrastructure and manufacturing development, interest in EVs has stayed the same as a year ago, with 24% of consumers very likely to consider electric.

J.D. Power advises the auto industry to do more to tap the interest.

“… the industry needs to have products that meet consumer needs and wants at prices that are affordable,” said executive director of its EV practice, Brent Gruber. “Additionally, the industry should better educate consumers about EV ownership to ease concerns—many of which, such as those related to public charging, are less problematic than they might seem when it comes to actually owning an EV.”

Another 35% of survey respondents said they’re somewhat likely to buy an EV, also the same as last year.

The enduring adoption obstacle continued to be public charger availability, while purchase price and ownership cost concerns diminished slightly, the survey found.

Ad Loading...

Still, EV prices negatively affect adoption. Those most open to buying EVs, consumers 25 to 49, are least likely to be able to afford to, the survey found. Just 17% in that age range have annual incomes exceeding six figures. But the industry has made headway in meeting that demand.

“Much of the recent growth in the EV space has been fueled by products from mass market brands, which demonstrates the pent-up demand for more affordable products,” Gruber said.

In general, consumers who consider EVs tend to shop around. Those very likely to buy one kick an average of three brands’ EV tires, about the same as those somewhat likely to buy electric, J.D. Power said.

“As more EV options come to market, this should serve as an encouraging sign for automakers because it’s an opportunity for them to gain a foothold and pull shoppers from outside their brands,” Gruber said. “This year’s study results also show that EV shoppers consider products from mass market and premium brands alike, highlighting the opportunity to capture consumer interest with brands or products that shoppers may not have otherwise considered.” 

The survey drew more than 8,100 responses from January through April.

Ad Loading...

More Industry

Group photo of men outside storefront.
Industryby Hannah MitchellMay 28, 2026

Pennsylvania Dealership Under New Retailers

The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.

Read More →
Hallway with lockered wiring and computer
Industryby Lauren LawrenceMay 28, 2026

Battery Storage Takes Priority Over EVs

U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.

Read More →
Gray-scale photo of a line of Mini cars in a dealership parking lot
Industryby Hannah MitchellMay 27, 2026

Auto Dealers Feel Better But Not Great

A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.

Read More →
Ad Loading...
Closeup photo of the front of a white car
Industryby Hannah MitchellMay 21, 2026

New-Vehicle Sales Picture Relative

A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.

Read More →
Nissan logo on front of building
Industryby Lauren LawrenceMay 21, 2026

Auto Group Acquires Third Nissan Rooftop

Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.

Read More →
Couple talking with auto salesman next to new car inside dealership
Industryby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Ad Loading...
Wooden people figures of different colors in a row, similar to board game pieces
IndustryMay 20, 2026

Building an Extraordinary F&I Agency

Work to determine your specialized talent, because that fact will determine everything about your agency’s future.

Read More →
Ingredient card, policies and procedures, fixed operations, variable operations, data security, audit
Industryby Jim GantherMay 19, 2026

Recipe for Compliance

The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.

Read More →
Photo of new Chevrolet Bolt parked on a beach
Industryby Hannah MitchellMay 14, 2026

EVs Getting More Attractive

A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.

Read More →
Ad Loading...
Benchmark bar graph showing April 2026 EV Sales
Industryby Lauren LawrenceMay 14, 2026

EV Sales Drop in April Following Surge

North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.

Read More →