Electric vehicles account for only about 5% of the U.S. market but GM chair and CEO Mary Barra says many of those hanging onto internal combustion cars and trucks will eventually see the light.
released in November, which surveyed more than 2,000 U.S. vehicle owners on their attitudes towards EVs, revealed 56% said they'd consider one if gas prices reached $5.00 a gallon. Since spiking earlier this year, gas prices have fallen to an average of $3.329 a gallon according to theWhen asked what they considered “the most convenient vehicle to own” only 17% cited an electric vehicle.
“They might keep a vehicle for a long time. But then if you also look at the '26 to '30 and then beyond range and you look at the regulatory environment around the globe it's gonna push you there,” said Barra. “Some states are saying all EV, from a sales perspective, by 2035.
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