{"id":684688,"date":"2022-09-13T09:14:01","date_gmt":"2022-09-13T13:14:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles\/"},"modified":"2022-09-13T09:14:01","modified_gmt":"2022-09-13T13:14:01","slug":"truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles\/","title":{"rendered":"TrueCar Survey Shows Continued Growth in Consumer Sentiment Toward Electric Vehicles"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <b>Percentage of Consumers Likely to Purchase an EV Surges 7% since March<\/b>\n        <\/li>\n<li>\n          <b>Gas Prices Among Strongest Drivers Toward EV Consideration<\/b>\n        <\/li>\n<li>\n          <b>Concerns About Cost to Charge Drop 12%<\/b>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">SANTA MONICA, Calif.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 13, 2022<\/span><\/span> \/PRNewswire\/ &#8212; In concert with the opening of the 2022 North American International Auto Show in <span class=\"xn-location\">Detroit<\/span>, TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, refreshed its national consumer attitude survey from March regarding electric vehicles. The survey uncovered a continued growth in consumer interest and willingness to consider an EV as their next vehicle purchase. Key indicators across the board show consumers are becoming more comfortable with EVs as a viable option, and that while fears regarding charging costs and range anxiety still exist, they are lessening.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/75148\/truecar_logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/75148\/truecar_logo.jpg\" title=\"TrueCar, Inc. Logo\" alt=\"TrueCar, Inc. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Consumers across the nation are showing a growing acceptance toward considering an EV as their next vehicle purchase,&#8221; said <span class=\"xn-person\">Mike Darrow<\/span>, President and CEO of TrueCar. &#8220;Since <span class=\"xn-chron\">March 2022<\/span>, the percentage of consumers reporting they would consider an EV as their next purchase grew from 52% to 59%.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-chron\">August 2022<\/span> National Consumer EV Survey Highlights:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Consumers&#8217; likelihood to purchase an EV as their next vehicle continues to grow<\/li>\n<ul type=\"disc\">\n<li>EV Considerers (percent <i>somewhat<\/i> or <i>extremely likely<\/i>) up from 52% to 59%<\/li>\n<li>EV Rejectors (percent <i>somewhat<\/i> or <i>extremely unlikely<\/i>) shrunk from 24% to 19%<\/li>\n<\/ul>\n<li>Despite gas prices leveling off, those prices continue to drive EV consideration<\/li>\n<ul type=\"disc\">\n<li>Almost 1\/3 (31%) of consumers now say they are <i>much more likely<\/i> to consider purchasing or leasing an EV due to gas prices, up from 27% in March<\/li>\n<\/ul>\n<li>More consumers now say they would purchase an EV if it met their range needs, up from 73% to 77%<\/li>\n<li>The proportion of consumers concerned about the cost to charge an EV dropped dramatically, from 54% to 42%<\/li>\n<\/ul>\n<p>However, not all areas of the country are as robustly leading the charge toward EVs. TrueCar focused in on <span class=\"xn-location\">Detroit<\/span>-Metro area consumers ahead of the opening of its annual North American International Auto Show which carries a heavy focus on the industry transformation toward EVs.<\/p>\n<p>&#8220;Our focus on <span class=\"xn-location\">Detroit<\/span> area consumers showed a lower percentage of people willing to consider EVs as a next purchase,&#8221; said Darrow. &#8220;This might be attributable to the area&#8217;s strong ties to the auto industry and its love of performance vehicles or could be an indication that the middle of the country lags behind the coasts in its appetite for EVs.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-chron\">August 2022<\/span> Detroit-Area Consumer EV Survey Highlights:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <span class=\"xn-location\">Detroit<\/span> residents are significantly less likely to purchase an EV in the future<\/li>\n<ul type=\"disc\">\n<li>Only 49% report being likely (<i>somewhat <\/i>or <i>extremely<\/i>) to purchase an EV in the future (vs. 59% nationwide)<\/li>\n<\/ul>\n<li>Part of this reluctance could be up to exposure. <span class=\"xn-location\">Detroit<\/span> residents have significantly less experience with EVs: two-thirds (66%) have neither owned nor driven one in the past (vs. 57% nationwide)<\/li>\n<li>They are less likely to consider an EV specifically due to the rise in gas prices, perhaps reflecting lower prices in the <span class=\"xn-location\">Detroit<\/span> metro than in many other areas<\/li>\n<ul type=\"disc\">\n<li>23% report being <i>much more likely<\/i> to purchase an EV due to high gas prices (vs. 31% nationwide)<\/li>\n<\/ul>\n<\/ul>\n<p>To help narrow the consumer education gap on purchasing and owning EVs, TrueCar is now providing informational guides for consumers that are searching and buying EVs through its online site <a href=\"http:\/\/www.truecar.com\" rel=\"nofollow\">www.truecar.com<\/a>.<\/p>\n<p>\n        <b>About TrueCar<\/b>\n      <\/p>\n<p>TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers\u00a0connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry&#8217;s most personalized and efficient auto shopping\u00a0experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar&#8217;s marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam&#8217;s Club, Navy Federal Credit Union and American Express.<\/p>\n<p>For more information, please visit <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3644207-1&amp;h=1032413913&amp;u=https%3A%2F%2Fwww.globenewswire.com%2FTracker%3Fdata%3DkQRBF1POC4vbrUTASTDNqAwwQKYv-2zXfYhcCLkL-gkL-ztkun7bs3nHcwqkBNuUUXBxxLuzu_2D72AIkwYnCw%3D%3D&amp;a=www.truecar.com\" target=\"_blank\" rel=\"nofollow noopener\">www.truecar.com<\/a><\/u>, and follow us on <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3644207-1&amp;h=3590357616&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftruecar-inc-&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a><\/u>,\u00a0<u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3644207-1&amp;h=3264899603&amp;u=https%3A%2F%2Fwww.facebook.com%2FTrueCar%2F&amp;a=Facebook+\" target=\"_blank\" rel=\"nofollow noopener\">Facebook <\/a><\/u>or\u00a0<u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3644207-1&amp;h=2076333743&amp;u=https%3A%2F%2Ftwitter.com%2FTrueCar&amp;a=Twitter\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/u>. TrueCar media email: <u><a href=\"mailto:pr@truecar.com\" target=\"_blank\" rel=\"nofollow noopener\">pr@truecar.com<\/a><\/u><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA68783&amp;sd=2022-09-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles-301622819.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles-301622819.html<\/a><\/p>\n<p>SOURCE  TrueCar.com<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA68783&amp;Transmission_Id=202209130900PR_NEWS_USPR_____LA68783&amp;DateId=20220913\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Percentage of Consumers Likely to Purchase an EV Surges 7% since March Gas Prices Among Strongest Drivers Toward EV Consideration Concerns About Cost to Charge Drop 12% SANTA MONICA, Calif. , Sept. 13, 2022 \/PRNewswire\/ &#8212; In concert with the opening of the 2022 North American International Auto Show in Detroit, TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, refreshed its national consumer attitude survey from March regarding electric vehicles. The survey uncovered a continued growth in consumer interest and willingness to consider an EV as their next vehicle purchase. Key indicators across the board show consumers are becoming more comfortable with EVs as a viable &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TrueCar Survey Shows Continued Growth in Consumer Sentiment Toward Electric Vehicles&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-684688","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TrueCar Survey Shows Continued Growth in Consumer Sentiment Toward Electric Vehicles - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/truecar-survey-shows-continued-growth-in-consumer-sentiment-toward-electric-vehicles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TrueCar Survey Shows Continued Growth in Consumer Sentiment Toward Electric Vehicles - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Percentage of Consumers Likely to Purchase an EV Surges 7% since March Gas Prices Among Strongest Drivers Toward EV Consideration Concerns About Cost to Charge Drop 12% SANTA MONICA, Calif. , Sept. 13, 2022 \/PRNewswire\/ &#8212; In concert with the opening of the 2022 North American International Auto Show in Detroit, TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, refreshed its national consumer attitude survey from March regarding electric vehicles. The survey uncovered a continued growth in consumer interest and willingness to consider an EV as their next vehicle purchase. 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(NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, refreshed its national consumer attitude survey from March regarding electric vehicles. The survey uncovered a continued growth in consumer interest and willingness to consider an EV as their next vehicle purchase. 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