The high purchase price puts the brakes on EV purchases


The high purchase price of electric vehicles is the biggest challenge for drivers when switching from petrol.

According to a new EV attitude survey of 1,000 motorists, three in five of those considering buying an electric vehicle (EV) named the purchase price as their biggest challenge.

The survey was commissioned by the Society of the Irish Motor Industry (SIMI) and conducted by Behavior & Attitudes.

About 24 percent of respondents said they would like to switch cars in the next year, but the market is still not as buoyant as it was before the pandemic, compared to a more positive 37 percent in a similar survey in 2019.

The survey underscored the fact that the government must maintain existing incentives and introduce a subsidy system to promote EV affordability in all sectors of society and not increase taxes like VRT, said outgoing SIMI President Gillian Fanning.

“The enthusiasm is certainly there, but there is no doubt that there are some obstacles to change,” said Fanning, the society’s first female president.

About 59 percent of respondents said they felt there were not enough charging points available nationwide, with almost half (49 percent) worrying about their EV running out of power and being stranded as well as worrying to drive long distances (45 percent).

“These are all concerns that won’t be addressed until infrastructure improves really seriously,” she said.

“When I took over as President a little over two years ago, it was just at the beginning of the pandemic. We had Brexit and now we have the war in Ukraine and it has all created supply issues in the industry. And of course the climate crisis is huge for this industry.”

The survey found that just 14 percent consider environmental impact and emissions the most important factor when buying a car, down from 19 percent in 2019. The high purchase price puts the brakes on EV purchases

Fry Electronics Team

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