In the 2026-to-2028 timeframe, research suggests that 79% of vehicle shoppers (both new and used) will be considering an electric vehicle. By 2033, 90% of all vehicle shoppers will have electric vehicles on their lists.
“While we’ve seen EV sales growth slow and consideration dip, we believe this is part of a normal growth curve and not the end of the story,” said Isabelle Helms, vice president of Research and Market Intelligence at Cox Automotive. “We remain bullish on the long-term future of EV sales in America, as many Skeptics today will be carefully considering an EV by the end of the decade. With more infrastructure, education, and technological innovation and improvements, we believe electric vehicle sales will continue to grow in the long term.”