Over half of US buyers think electric cars cost way too much

Jan 4 2023 by Business Insider

 
Deloitte's 2023 global automotive consumer study found that cost is a huge barrier to adoption for US electric-car-buyers.

Justin Sullivan / Staff / Getty

The cost of electric cars continues to hamper adoption, consultancy Deloitte found in a new survey. More than half of consumers say cost is standing in the way of an EV purchase. Still, car-buyers have adapted to other industry trends, the study found.

Just over half of US consumers say that the cost of an electric car is the biggest hurdle...

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