Survey reveals age gap in willingness to buy electric vehicles — InsideEVs

The willingness to buy or lease a new electric vehicle is significantly higher among people under 50 than among older age groups. This is shown by a survey released by the industry association Zero Emission Transportation Association, InsideEVs reports.

Highest interest among people under 50

The study involved 1,300 respondents, and the results were analyzed by age, place of residence, gender, income and other demographic indicators. Among participants aged 18 to 34, 36% said they were very likely to buy or lease a new electric vehicle. In the 35–49 age group, 40% of respondents gave this answer.

For people aged 50–64, this figure was 18%. Among respondents aged 65 and over, only 4% described buying an electric vehicle as very likely. At the same time, 40% of participants in the oldest age group had a somewhat or very negative attitude toward electric cars.

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Political differences are smaller than age differences

Among respondents aged 18–34, 5% viewed electric vehicles negatively, while about three-quarters of this group expressed a positive attitude toward such cars.

The gap in intentions to buy an electric car between voters with different political views was smaller. Buying an electric vehicle was described as very likely by 26% of voters who lean left and 22% of those holding right-wing views. At the same time, 42% of right-wing respondents said they had no intention of buying an electric vehicle, compared with about a quarter of left-wing voters.

InsideEVs notes that the average car buyer is about 50 years old, while younger people, despite their greater interest in electric transport, are less likely to be able to afford new cars costing $40,000–$50,000. The outlet suggests that this may partly explain activity in the used electric vehicle market, where younger buyers purchase used cars.