Unsurprisingly, AAA finds that gas prices are leading Americans to go electric.
AAA’s latest consumer survey reveals that one-quarter of Americans say they would be likely to buy an electric vehicle (powered exclusively by electricity, i.e., not a hybrid) for their next auto purchase, with Millennials leading the way (30%). Of those who want to buy electric, the common factor is a strong desire to save on fuel costs, with 77% citing this as a top reason for interest. AAA believes with rising gas prices, Americans’ conversion to electric vehicles will continue to increase. However, consumer hesitation surrounding range and
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