Study Finds EV Buyers are Affluent and Well Educated

5 years ago by Lyle Dennis 4


Growing electric car adoption to a large market is of critical importance. So far adoption of EVs have been slow, and some research suggests that interest is even waning as of late.

EV marketing is tricky business. The cars are more complex than traditional vehicles, understanding fuel economy and the role of driving technique to achieve it requires concentration, and the presence of new technology can be a cause of trepidation for some.

These issues have resulted in the fact that only 0.2% of car sales this year have been electrified.

A new survey reported in the Detroit Free Press may partly explain why.

The study of 998 EV owners administered by the Electric Vehicle Information Exchange, which is part of a consulting group called Oceanus Automotive, sought to determine the demographic profile of the typical EV owner. They were indeed unique.

EV owners and fans were primarily very well educated, upper-middle class white men in their early 50s with ideal living situations for EV charging, usually garages where they can recharge their cars overnight,” the study was reported as saying.

Furthermore, environmentalism turned out not to be a primary motivator.

“Energy independence, and not environmental anxiety, was the primary reason that these respondents became interested in electric vehicles,” the study was quoted as stating.

Clearly this demographic is small, and anecdotally is true for most of the people we have seen interested in EV news.

Automakers and advocates need to find new ways to promote EVs to encourage more wide-spread adoption. Mainly, perceived economic benefit will be the key.

Source (Free Press)

4 responses to "Study Finds EV Buyers are Affluent and Well Educated"

  1. Brian says:

    “The cars are more complex that traditional vehicles” (sic)

    Not true. They are different, but in almost all ways, they are simpler. The mechanics are far simpler. Refueling is simpler (plug in and walk away). Driving is simpler. The only thing that is more complex is refueling on the go, which has less to do with the cars and more with the infrastructure.

    “understanding fuel economy and the role of driving technique to achieve it requires concentration”

    Most drivers of ICEs have no clue about fuel economy or “driving techniques to achieve it” (I assume you’re referring to hypermiling?) Sure, hypermiling an EV is slightly different from hypermiling an ICE. But the point is moot because most drivers don’t hypermile period. The bigger issue underlying this statement is simply the shorter range. If one is comfortably within the range of an EV for daily driving, it is a non-issue.

  2. vdiv says:

    Just FYI, the guy on the picture is not an EV buyer, he’s an EV maker/seller. 😉

  3. GeorgeS says:

    Love the paint and wheel combo on the S in the photo.

  4. Shawn marshall says:

    Duh.
    $20k
    150 mile range
    presto
    value – not perceived value
    it’s still all about the batteries