FI showroom red and grey logo
MenuMENU
SearchSEARCH

JD Power Study Finds Modest Growth in EV Interest

Just one quarter of potential buyers say they would consider electric.

June 15, 2023
JD Power Study Finds Modest Growth in EV Interest

Tesla’s proprietary, nationwide charging network may soon be available to other automakers.

Credit:

Chad Russell, Pexels

3 min to read


 

Concerns about charging infrastructure have contributed to a modest increase in U.S. car shoppers looking to buy electric vehicles, with just one quarter of potential buyers showing interest, according to the J.D. Power 2023 U.S. Electric Vehicle Consideration Study.

The research firm discovered that 26% of shoppers are now "very likely" to consider an EV, a 2% increase from the previous year. The research focused on measuring interest in fully electric vehicles, not hybrids or plug-in hybrids.

Ad Loading...

Researchers cited three factors contributing to the slower increase in interest:

  • Lower gas prices, which reduce the economic benefit of switching

  • Higher interest rates, which increase the cost of already higher models than gas-powered

  • Still limited public charger availability

“… the biggest friction point for consideration” is charger availability, according to Stewart Stropp, executive director of EV intelligence at J.D. Power. The research showed 49% of buyers rejected an EV purchase over worries about charging station availability. Stropp stresses that the growth in public charging isn’t keeping pace with the growing number of EVs on the road.

Manufacturers are stepping to the plate to address that issue. GM and Ford signed deals that let EV owners charge their models at 12,000 Tesla Superchargers starting next spring. Tesla’s proprietary, nationwide charging network is considered the most extensive and reliable nationwide, J.D. Power reported.

However, Tesla chargers use the North American Charging Standard port, which differs from the Combined Charging Standard port used by the Detroit automakers and others. Other OEMs must update their EVs with Tesla’s connector, and Ford and General Motors plan to starting with their 2025 models.

Ad Loading...

Still, the number of models and types of EVs is rising rapidly, researchers said.

There are over 50 available EV models now, including large pickup trucks and SUVs, luxury sedans and smaller crossovers, compared to 30 a year ago. EVs comprised 7% of U.S. light-vehicle registrations through April, compared to 4.4% in April 2022, according to Experian.

The study also found:

  • Some aspects of range anxiety are declining. The more miles motorists drive, the more likely they are to consider an EV, according to the research. J.D. Power reported consumers find electricity is less expensive than gas.

  • Longer commutes align with greater EV interest. Those with shorter daily drives say they will likely stay with combustion-engine vehicles.

  • EV seat time more than doubles purchase interest. Just 12% of shoppers who have never driven or ridden in an EV would consider purchasing one. But 25% of those who have used one say they’re “very likely” to make an EV purchase.

  • Previous ownership increases purchase consideration. Eighty percent of those who have previously owned or leased an EV say they are “very” or “somewhat likely” to get another.

  • Location matters, too. California leads the nation in EV consideration, with 73% of consumers saying they are “very” or “somewhat likely” to consider an EV. Washington came in second at 67%.

J.D. Power's U.S. Electric Vehicle Consideration Study draws conclusions by asking a wide range of questions about EV purchase consideration. Responses from 8,136 consumers were collected in a survey conducted between February and May of this year.

 

Originally posted on Auto Dealer Today

More Showroom

exterior daytime image of Porsche North Miami dealership
Showroomby Lauren LawrenceMay 22, 2026

Holman Opens Porsche Dealership in Miami

The North Miami store features the brand’s signature Destination Porsche design concept, combining contemporary architecture and technology to create what the auto group calls an ultra-luxury experience.

Read More →
Outside of a Cadillac dealership.
Showroomby Lauren LawrenceMay 20, 2026

Chicago to Gain Cadillac Rooftop in 2027

The two-story Cadillac dealership is being constructed at the former Lincoln Yards site, owned and operated by Canada-based Jack Carter Auto Group.

Read More →
Photo of sold Ford store exterior
Showroomby Hannah MitchellMay 11, 2026

Mid-Atlantic Ford Store Has New Owner

A growing Maryland automotive group is only the 93-year-old dealership’s third owner after its longtime proprietors retired.

Read More →
Ad Loading...
groundbreaking ceremony for new Barrington Porsche dealership with Murgado Automotive Group and Joseph Nicholas Construction
Showroomby Lauren LawrenceMay 11, 2026

Porsche Dealership Breaks Ground in Illinois

Barrington Porsche will be the new location for Murgado Automotive Group’s existing Porsche dealership currently in the Motor Werks of Barrington auto mall.

Read More →
aerial view of Fireside Honda in Ohio
Showroomby Lauren LawrenceMay 6, 2026

Michigan Auto Group Acquires Ohio Rooftops

Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.

Read More →
Photo of Scout Terra pickup truck outside farm building
ShowroomMay 4, 2026

California VW Dealers Go After Scout

The franchisees’ state-level actions follow a California auto dealers trade group lawsuit against the VW affiliate last year, both efforts to stop the EV maker’s plan to sell direct to consumers.

Read More →
Ad Loading...
Photo of rear of Mercedes VLE passenger van
Showroomby Hannah MitchellApril 27, 2026

EVs Gain Traction in Europe

First-quarter auto sales increased as more consumers took advantage of government incentives. Hybrid deliveries are leading the way on the electrifieds boom.

Read More →
road winding through redwood trees, California EV Market Cools, F&I and Showroom logo
Showroomby Lauren LawrenceApril 22, 2026

California Holds EV Lead Despite Annual Decline

At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.

Read More →
Photo of Ford F-150 grill with nameplate
Showroomby Hannah MitchellApril 20, 2026

Will Extended-Range Autos Make Inroads?

EREVs, also known as ‘series hybrids,’ may catch on in the U.S., where they currently have barely a toehold, as automakers tilt away from some purely electric models and consumers crave more range.

Read More →
Ad Loading...
Cars on road in European city
Showroomby Hannah MitchellMarch 30, 2026

Electrifieds Lead EU New-Vehicle Sales

Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.

Read More →