As of the first half of 2024, high fuel prices were the leading reason for survey respondents across the globe to consider the purchase of an electric vehicle. The global consumer price inflation contributed to respondents citing high fuel prices as a motivator to purchase EVs. Around ** of participants highlighted environmental concerns as an EV purchase motivating factor.
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EY. (September 9, 2024). Leading reasons motivating the purchase of electric vehicles according to consumers worldwide as of the first half of 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/
EY. "Leading reasons motivating the purchase of electric vehicles according to consumers worldwide as of the first half of 2024." Chart. September 9, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/
EY. (2024). Leading reasons motivating the purchase of electric vehicles according to consumers worldwide as of the first half of 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/
EY. "Leading Reasons Motivating The Purchase of Electric Vehicles According to Consumers Worldwide as of The First Half of 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Sep 2024, /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/
EY, Leading reasons motivating the purchase of electric vehicles according to consumers worldwide as of the first half of 2024 ÌÇÐÄÆÆ½â°æ, /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/ (last visited July 25, 2026)
Leading reasons motivating the purchase of electric vehicles according to consumers worldwide as of the first half of 2024 [Graph], EY, September 9, 2024. [Online]. Available: /statistics/1314926/leading-motivator-to-ev-purchase-worldwide/