Sponsored

74 Percent Of U.S. Consumers Want Their Next Vehicle To Be ICE-Powered

Sponsored
Sponsored

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.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

Sponsored
Brett Foote

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

View 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.

  • 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.

  • 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.

Recent Posts

Sponsored