Leading reasons inhibiting EV purchase worldwide, 2022
EY
11 May 2022
Consumer concerns hinder EV adoption, with 34% citing limited charging stations in cities as a primary obstacle. Range anxiety, which is the fear of the limited distance an EV can travel on a single charge, follows closely at 33%. Additional barriers include upfront costs, lack of home/work charging, and charging expenses. Addressing these concerns will be vital for EV market growth.
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