Fuel prices will be tipping point for U.S. electric vehicle consideration: survey
Wednesday, April 20, 2011 - 12:30
in Mathematics & Economics
A new survey released today by Deloitte shows that 78 percent of consumers in the United States would consider purchasing an electric vehicle (EV) when fuel prices reach $5.00 per gallon. The study, "Gaining traction: Will consumers ride the electric vehicle wave?," surveyed 12,000 consumers globally, including more than 1,000 in the U.S., and finds that the higher the price of fuel, the more interested consumers are in EVs.