$Lucid Group Inc(LCID)$ CarGurus conducted an online survey of 2,176 automobile owners in the U.S. on their sentiments toward electric vehicles. The survey was done in three waves: on February 28, as gas prices in the U.S began to climb, then a second wave on March 14 as gas prices climbed higher, and finally, a third wave was conducted on April 8, as gas prices leveled out.
Looking at consumer sentiment towards EVs in general, 40% of respondents said they expect to own an EV in the next 5 years, versus 34% from a year ago. Looking further out, 60% said they would own an EV in the next 10 years versus 40% from last year. Overall, those "excited about development" in the EV space climbed to 51% from 45% from a year ago.
Comments