5 Graphs that Explain EV Purchase Drivers Across the World

There is no doubt that more and more individuals around the world are making the switch to drive electric cars. 

But in each market, EV manufacturers face different concerns from customers, which directly relate to that country’s appetite towards switching to electric vehicles. 

Here are 5 graphs that explain how consumers across key markets in the world perceive EVs and the most important drivers to decide to drive one.

1. Chinese consumers have the greatest appetite for EVs; while Japanese consumers have the greatest distaste for combustion engine vehicles

Infobyte: Engine Preference for Next Vehicle (%)

 

2. When looking at EV purchase drivers, global consumers agree that EVs provide lower fuel costs and a better driving experience

Infobyte: Global EV Purchase Drivers

 

3. With regards to EV Charging Expectations, most expect to charge at home. Japanese consumers and US consumers were least likely to expect to charge their vehicles at work

Infobyte: EV Charging Expectations (%)

 

4. Japan, Germany and Korea had limited possibilities to install charging units at home, while China, India and the US found the cost of installing home charging prohibitive

Infobyte: Top Barrier to Charging at Home (%)

 

5. The greatest concern to switching to 100% battery-powered EVs varied by country from the price premium, to the time required to charge, the lack of public charging infrastructure, driving range as well as safety concerns regarding the battery technology

Infobyte: Greatest Concern Regarding All Battery-Powered Electric Vehicles

 

To read more about the state of the electric vehicles revolution in 2023 – read the full report here.