Speed Bumps Remain for Electric Cars; Incentives Could Recharge
Interest
Electric cars are beginning to post all sorts of impressive
numbers. Recently, the 100,000th plug-in vehicle was sold. And last year,
roughly 440,000 cars deriving some degree of "go" from a battery – including
hybrids, plug-in hybrids and cars running on electricity alone – were sold in
this country, with approximately 50,000 of them being pure
electrics.
Those are big numbers, but it's important to look at them with
an equally big dose of perspective. With roughly 14.5 new million cars and
trucks sold in the U.S. last year, combined hybrid sales of roughly 390,000
vehicles represent 3 percent of total sales; those 50,000 pure electrics? About
0.3 percent. But with more and more manufacturers producing battery-propelled
vehicles of one kind or another, and fuel prices showing no sign of falling,
many anticipate continued growth for the sector.
"Consideration has been
on the rise over recent years for traditional hybrids, while other electric car
segments – though showing points of growth – have been more sporadic in their
gains," explains Mike Chadsey, vice president, Solutions Consultant at Harris
Interactive.
When asked which of several improved-efficiency vehicle
types they would consider the next time they are in the market for a new
vehicles, nearly half of American car owners (or anticipated owners) indicated
that they would consider a traditional hybrid (48 percent), while nearly four in
ten (38 percent) would consider a smaller and/or less powerful gas-powered
vehicle. Just over one-fourth (27 percent) would consider a plug-in hybrid, two
in ten (19 percent) an electric vehicle and 16 percent would consider a diesel
vehicle. Roughly four in ten (41 percent) indicate that they would only get a
vehicle with lower operating costs if they could do so without changing their
driving habits or expectations.
Current and prospective drivers were also
asked how their likelihood to consider several types of vehicles has changed
within the past two years.
• Over four in ten (43 percent) indicate
being more likely to consider a traditional hybrid (43 percent) – roughly twice
the percentage saying they're less likely to do so (21 percent).
• Adding an
electrical plug appears to put the brakes on consideration growth, with current
or prospective drivers reporting being more (30 percent) and less (30 percent)
likely to consider them in equal percentages.
• Taking away the gas tank
entirely seems to stall things out further still, with the 23 percent more
likely to consider them overpowered by the 38 percent less likely to do
so.
Challenges and opportunities for pure electrics
When asked to
select their top concerns related to pure electric vehicles, price (65 percent)
and range (63 percent) were the top issues, followed by repair/maintenance costs
(55 percent), reliability (53 percent), performance/power (48 percent) and the
fact that it is still new technology (44 percent).
But the electric
vehicles industry still has some juice left; in addition to being in a state of
constant advancement, the study indicates that several incentives – including
some already being tried out by current manufacturers – show the potential to
impact Americans' likelihood to consider such vehicles:
• The majority
of Americans (56 percent) would be more likely to consider such a vehicle if it
were incentivized with a free fast-charge station installed in their home.
•
Nearly half (47 percent) would be more likely to consider one if it cost the
same as a similar gas-powered vehicle.
• Over four in ten (42 percent)
indicated that having charging stations at or near their workplace would provide
such an incentive.
• Smaller, but still notable, percentages indicate that a
free gas-powered loaner for a set number of days per year (20 percent), reduced
costs on toll roads (17 percent), collision insurance provided with their lease
(15 percent) and HOV or "carpool" lane access (14 percent) would make them more
likely to consider an electric car.
Source: Harris Interactive
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