#Biden’s big infrastructure plans spark American interest in EVs
“#Biden’s big infrastructure plans spark American interest in EVs”
Earlier in March, President Biden revealed his infrastructure plans to invest $174 billion in the EV market. On April 22, Cars.com, an automotive digital marketplace, published a research monitoring the Americans’ interest in EVs. 66% of respondents (1,056 in total) in Cars.com’s national survey expressed an increased motivation to purchase an EV, following the president’s announcements. Nevertheless, 81% believe that there are still obstacles to be overcome. “Interest in EVs is growing, yet remaining barriers indicate mainstream adoption is still about a decade away,” noted Aaron Bragman, Cars.com’s Detroit bureau chief. Cost (34%), limited range (32%), and lack of charging stations (32%) make…
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