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Sun. Jul 14th, 2024

As Canadians’ interest in buying electric vehicles fades, concerns remain: JD Power

By Vaseline May31,2024

JD Power research shows half of consumers have never driven an electric car before, while more than a third of those who have rented, borrowed or test-driven an electric car say they are likely to consider buying one .

TORONTO – A new survey shows fewer Canadians say they are interested in buying an electric vehicle as concerns remain about limited range, high prices and a lack of charging stations.

The J.D. Power survey found that 11 percent of respondents said they were “very likely” to buy an electric car as their next car, a decrease of three percentage points from last year.

JD Ney, director of the automotive practice at JD Power Canada, says automakers are investing large sums in electric car and battery production facilities, but electric cars are still more expensive than gas-powered cars and more education is needed for a smooth transition among consumers.

Statistics Canada data on zero-emission vehicle registrations in the fourth quarter of 2023 shows that registrations fell by almost 5,000 quarter-over-quarter.

The J.D. Power survey shows that half of consumers have never driven an electric car before, while more than a third of those who have rented, borrowed or test-driven an electric car say they are likely to consider buying one.

Interest in buying an electric car was highest in provinces that offer incentives, the report said, adding that 40 per cent of respondents in Quebec and 33 per cent of potential buyers in British Columbia say they are likely to buy an electric car to buy.

This report by The Canadian Press was first published May 30, 2024.

The Canadian Press

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