In recent months, both automakers and governments from around the world have been focusing on a future that consists entirely of electric vehicles. However, more than one recent report suggests that consumers aren’t quite ready to give up their ICE-powered vehicles just yet. Most recently, that includes SEMA’s Vehicle Landscape Report, which found that 74 percent of U.S. consumers want their next vehicle to be ICE-powered.
Meanwhile, 16 percent of respondents said that they will be shopping for a hybrid, 5 percent will be looking at a fully electric vehicle, and 5 percent checked the always-popular “other” category. However, the report does note that electric vehicles are gaining in popularity, and by 2025, SEMA Market Research indicates that EVs will account for 7 percent of all light-vehicle sales.
Consumers will certainly also have many more electrified vehicles to choose from in the coming years, which will aid growth as well. IHS anticipates that 43 automotive brands will be selling upwards of 130 different electric models by 2026. Regardless, the key takeaway from this study is the fact that most consumers still prefer traditional powertrains, and getting them to make the switch to an EV will prove difficult over the coming years.
This isn’t the first time in recent history a study has indicated that most are hesistent to give up their ICE-powered vehicles for electric ones, either. Back in February, J.D. Power’s U.S. Electric Vehicle Consideration Study found that 59 percent of new-vehicle shoppers fall into the “somewhat likely” or “somewhat unlikely” categories when it comes to considering a BEV for their next purchase or lease.
Regardless, both lawmakers and automakers are pushing to ramp up EV adoption. Several states and countries have vowed to ban new ICE vehicle sales by 2035, and President Joe Biden is working on an infrastructure plan that would add EV chargers and provide numerous incentives to those that manufacture and buy electric vehicles.
Meanwhile, Ford recently doubled its EV investment to $22 billion and has committed to converting its entire European passenger car lineup to zero-emissions capable, all-electric, or plug-in hybrid by mid-2026, and to be completely all-electric by 2030.
We’ll have more on the future of both EVs and ICE-powered vehicles soon, so be sure and subscribe to Ford Authority for non-stop Ford news coverage.
Comments
I agree that I wont give up my ICE-powered vehicles either. The most I will do is get a PHEV like I have on the Aviator GT but I wouldn’t have purchased it if it was pure electric. Also I really don’t get why we give incentives to people to purchase 90k+ vehicles when most tax payers cant afford them.
Couldn’t agree more. Going to stick with ICE as long as they’re being sold and there are gas stations around. I don’t understand the push to electrify all transportation when we’re supposedly on our way to abandoning reliable sources in electricity generation (nuclear, nat gas, coal) in favor of intermittent-and sometimes useless-sources like wind and solar.
Where I live they cant keep up with demand once it gets hot and will only get worse with everyone plugging in. Also its not like electric is cheap. On my aviator if I want to plug it into some of the stations around here they want up to 40 cents a kilowatt which equals out to about $5.44 for about 22 miles of range. Real cost effective. Only way its cheaper assuming you exclude the additional cost of the vehicle is if you have it charge at night and have a variable rate plan and even then if you take a look at gas prices and exclude the tax its not that much of a difference. Only thing I like about having both gas and electric is the torque increase.
What makes PHEV and EVs cost effective is home chargers with a cost-savings plan. I have a L2 charger at home that I use with my Mach E and previously used with my Fusion Energi. The total cost per mile for the Mach E is about 40% of the car I replaced (a Cadillac XT5) as a result.
Going to a DC Fast Charging station such as Electrify America is definitely no cheaper than gasoline. It’s purely for road trips (or should be if you’ve got an EV).
Your price per kilowatt must be better than mine as I am also on a ev2 plan. Also part of the increased cost of gas is the taxes which in the long run they will need to offset to electric which will end up costing you more. Also electric cars due to their weight damage the roads more than gas powered cars which will further increase the cost. Currently for me its a little over $1.20 cheaper than just putting a gallon in assuming I charge at very specific times which definitely doesn’t offset the increased cost of the vehicle. If I need to charge during the higher rates its significantly more which is very restrictive and I could see becoming an issue if you have more than 1 car like many do and only have 1 L2 charger port. Good example of this is in my neighborhood I see an average of 2-3 cars per household if not more.
100%. I’m all for “clean energy,” but so-called renewables are unreliable, and actually the least efficient at producing usable energy. Land use, alone, is absurd.
Musk said there isn’t enough electricity in the country to power a horde of EV’s.
I think EV’s have place in vehicles that have known routes, start and stop frequently, and then return to a home base at night; an example would be mail delivery trucks. Another advantage for EV’s would be cars that sit idle for long periods of time, such as a car kept at a 2nd home. Other than this, give me a ICE car. I know I will be buying ICE as long as they’re available.
I’ll keep an open mind on EVs, but until they can get the charging times down I’m not interested. Unless all your driving is local, EVs are just not practical. The long charging times make them impractical for road trips. I have also read some articles that said there currently is not enough cobalt and lithium in the world for worldwide adoption of EVs. Maybe the technology will improve in ten years. Until then I’ll stay with ICE or a hybrid.
The materials used to manufacture battery packs are considered ‘natural resources’ when they are mined, but, when those same battery packs are worn out and it’s time to recycle them, now they’re considered ‘hazardous materials’, a danger to the environment and pose health hazards associated with continued use.
I’m staying with my ICE vehicles. In fact, I’m considering buying a used ICE tow truck. All these people with EV’s that think they’re saving the planet, seems like a good source of income for an entrepreneur.
In a few years EVs start at $25000. Tesla’s figure. Only the rich will own ICE.
It’s our government (and global government) that is dictating this, not consumer demand. We essentially have no say in the matter. I think that’s made some folks even more resistant. That and charging times. See that the Ford charger that just was just yanked only added 28 miles per hour of charging, and wasn’t the slowest?
You have a say in this matter, simply DO NOT ELECTE people who promote such ideas!!!!!!
People didn’t think ICE vehicles where dependable when they had their horse and buggy. Look where we are now. Same idiots don’t want to give up their horse and buggy. Meanwhile the world is passing America by.
Not really. The lithium ion isn’t “superior” engineering to an internal combustion engine. In many ways it’s inferior. An engine can run “forever”. A battery degrades. An engine will run in any climate. A battery’s performance and range decrease in cold weather. Unless you have a giant solar farm, your battery is still engine powered.
For EV conversion the entire package has to be sold to the markets. Many comments here state them.
1st, is the power generation and reliable source of electrical power. This past winter proved that it is not all well.
2nd is cost. As gasoline usage decreases, tax revenues will also decrease. That is not allowed by any government entity at any level. We’ll need a national tax policy at the federal level to fuel the DOT for road building and maintenance as we now have. Each state will tax have its own tax scheme to make ICE more expensive to operate and lower cost for EV’s but then that may be a reduction of tax revenue. The cost of electric varies too much around the country where as gasoline is sold fairly close in price.
3rd, Network of charging stations? In my book that is #1 reason not to go with EV. Too many will park their vehicle at the shopping malls or parking lots. Plug in and won’t return until hours later. Metered chargers will need to charge for idle times. After X amount of minutes of idle time with text message warning or email, the $$ clock starts ticking.
4th. What about the millions of households that rely on street parking only, especially in the cities. Apartment buildings without parking?
Let the market decide and not have EV’s shoved down our throats. EV’s will outsell ICE one day. Today kids live on smartphones and tablets and all have charging concerns. The kids of today this will all be the norm for them in the future.
I haven’t seen any stories about What will the US do with the expired remains of used Battery Packs ? Or at what Cost ?
& Who is going to Pay for what ever process is involved ?
This type of thing happened in the past. My grandma was born in 1900…she told us of seeing the first auto mobile at age 20. She said “I don’t know why anyone would want this thing”…its too loud…rather have a horse!” Carriages had a horse to pull…automobiles had horsepower to push. Gravity will not change…neither will 4 wheels. There was only one man that sold the idea of cars to the masses…that was Henry Ford…with his car for every household idea. But there were electric vehicles back then too…uhh trolleys?…the problem though with independent electric vehicles was weather and the batteries…they don’t mix well. Gas powered now is still the cheapest way to run…but there has to be a Henry Ford out there to prove electric is better than gas or a horse! When that happens, we will get used to it. Signed… a current Ford employee retiring this year…
As has been said many times before…the transition will be slow but steady. Kind of the way most change occurs unless it’s building sized comet impacting the planet…then look out baby!
The BIG problem with EVs is the range. Long distance trips cannot be taken. However they are great for short trips.
And battery degradation.
I’m surprised that anyone is surprised about this. The problem isn’t electric cars per se – diesel electric trains are as reliable as they come. The problem is an expensive, ever-diminishing battery powering the vehicle and held out being something that it is physically incapable of being. BEVs aren’t prime movers. That battery degrades and home chargers don’t solve the problem of charging the vehicle in an emergency or on long trips.
Don’t give me the statistics about how many miles people drive on average. Sometimes you need the car for 300 miles in a day. I know I do. BEVs aren’t the solution. I’ve put a gasifier on a truck before and I’ll do it again before I buy one of these overprices pieces of garbage.
I’m surprised it’s not a lot higher, tho it probably is
Is it electric or slow? Lol
The article should read”EV demand iut paces supply by 400%.”
Charging your EV at night levels the grid demand which lowers pricing.
Where is this demand? Of course if it was 400% of supply, that would still be less than Toyota’s lowest selling car. That’s not saying much and definitely not worth ruing America over
Joe Biden has no plans to ban gas cars. You guys are brainwashed neoliberal sheep.
Yours sincerely,
an anti-Israel Zionist and anti-Saudi oilist leftist
Joe Biden doesn’t know what he said yesterday, or what they told him to say
We got to have an infrastucture revolution in order to support all EVs. Range is a factor for one car families. Long trips. Maybe Uber will start a ride and drop off service for vehicle trips over 1000 miles. A drop off and pick up service would be helpful. Cost?
Lol. The S curve has started. It’s too late. Only a fool would finance a 60 month loan on a paper weight at this point. Sweet dreams
Nothing spells doom for an entire industry more than 25% of the population suddenly renouncing it. And more to come. Ask Blockbuster. Or Kodak. Or Cable T.V.
Cling to your horse and buggies. But they’re dead.
This falls under the no s*^t Sherlock premise. I’m surprised it’s that low tho I bet it is a lot higher. People are afraid to be Canceled if they’re not woke to the electric garbage being thrown down our throats. Just one look at the videos of cars being stuck in traffic trying to flee hurricanes in Florida was more than enough to convince a lot of people that electric appliances will never replace real cars. Videos of children in the lithium fields in Bolivia should be another, never mind the mountains of e waste we already have. How do you tell a Californian, who deals with constant brown outs, not to worry, there will be plenty of electricity so you can get to work in the morning even tho the state can’t add any power source to their grid because of the lunatics that will tie it up in lawsuits for decades. What a joke
Hey Mike what do you mean trying to get to work with that comment actually companies are steadily moving out of California so there won’t be any work pretty soon. And the only job you’ll be able to get is to be a politician or work for the government doing paper shuffling and figuring out how to screw the next Bunch that still there
Actually I’ve been driving my triton V8 Ford Van for 21 years and it runs like a top. Actually I need it because I haul lumber and cabinets that I build so why would I want to waste money on a electric vehicle when I’ll be retiring soon. I’m the type of guy that maintains it and run the thing till the wheels fall off and as far as I see it will probably last me another five years. Or more. I think maybe hydrogen might be a good try of course I know nothing about it so but anything but a battery. Batteries have left me stuck more times than not.
There is another big reason we won’t be going electric anytime soon, no matter what they write down for Biden to stumble over. It’s the same reason they don’t outlaw cigarettes that are supposedly killing hundreds of thousands of people every year, way more than covid btw, taxes. The governments make way too much money on taxes from gas. Most states combined taxes are roughly $0.50 per gallon, some more, some less. That adds up to a lot of money that if cigarettes are anything to go by, they won’t give up while acting like they want to. If they start taxing the crap out of electric bills then there will be a fight.
This whole thing sounds like an Ad for big oil. EVs are Fantastic and everybody knows it! The biggest slow down is peoples fear of the unknown and these antiquated companies that don’t care about anything but their bottom line are perpetuating this BS.
The environment is of utmost importance, but there also need for practicality to the sollutions. Now, imagine a three cylinder, turbocharged, plug in hybrid, like the Bronco Sport. Or any other smaller SUV setup like this. It still harvest the waste kinetic energy. It will most probably cut energy cost on half. It can still go anywhere where there are no charging stations. You can still use it around town charging mostly from your house charger. This is where the focus must be now.
But as long as completely ignorant fools like AOC, Harris, and Pelosi are allowed to dictate our energy future, you will see government supporting hugely expensive initiatives like electrifying all cars, with no practical idea where the electricity will come from.
Clearly our electrical grid, untouched since WW2, will need to be overhauled to handle the next generation of EVs. I don’t really care about the argument, but it needs to make common and fiscal sense. Why commit to conversions when our infrastructure and homes need to be prepared/converted first to be efficient and effective.
I’ll give in get an Electric Car when the liberals are flying around in their private Electric Planes.