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  • Are car consumers losing interest in going green?
  • Are car consumers losing interest in going green?
    Nissan (2016) ©
REPORT

Why aren’t people buying electric cars?

Though many auto manufacturers and analysts claim that electric vehicles are the future of the car industry, they account for just 0.1% of global sales at present, with low fuel prices causing a slowdown. Is the EV dream fading, or is this just a blip in an inevitable electric revolution?

Location United States

Scope
Electric vehicles (EVs) are better for the environment, they save you money, and require very little maintenance – so why aren’t people buying them? They account for just 0.1% of global automotive sales, and recently cheap oil has made a dent in the US market for alternative fuel vehicles. [1][2]

In an effort to reduce emissions, limit dependence on imported energy, and kick-start the industry in the face of slow uptake, countries such as the US, Norway and France have introduced generous subsidies for EVs. And despite bad omens, many experts predict that ...

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