Electric vehicle prices and range, not cost of gas, top concerns for prospective buyers

Electric vehicle prices and range, not cost of gas, top concerns for prospective buyers

As gas prices top $5.00 a gallon nationwide and economists ponder when demand destruction will really kick in, many wonder whether the electric vehicle (EV) industry is benefitting.

Data shows that new EV purchases jumped in Q1, and many industry watchers speculate high gas prices are driving this behavior. But a new study from Autolist — an online car shopping platform— shows gas prices actually are not driving more EV consumer sentiment.

“This was a little bit of a surprise for us,”…


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