New study reveals the surprising factor that's influencing Americans' car-buying decisions: 'The future of mobility'

New study reveals the surprising factor that's influencing Americans' car-buying decisions: 'The future of mobility'

When it comes to buying a new car, people often consider things such as cost, fuel economy, and dependability ratings to influence their purchase. However, it appears that electric vehicles are now becoming a higher priority for a majority of consumers as well.   According to a recent study, 64% of consumers reported that they will likely or very likely buy an EV as their next car. The survey, conducted by Tata Consultancy Services, was complete…

Diesel vehicles could disappear from UK roads within years as British drivers opt for electric models

Motorists around the country are ditching diesel vehicles and replacing them with battery electric vehicles, as the popularity of zero emission options continues to grow.New research has found that leasing enquiries for electric vans have soared by 35.3 per cent in 2024 as motorists turn their backs on diesel models.By the end of 2025, electric vehicles are projected to make up over 35 per cent of the leasing market, with drivers pushed to switc…

A third of electric drivers are considering switching to a fuel car next year once tax benefits are phased out. In 2030, when tax benefits are completely eliminated, almost 60 percent say they no longer want to drive electric. This was reported by the Netherlands Enterprise Agency (RVO) based on a joint study with the Electric Drivers Association and the University of Groningen among 3,500 electric drivers.

Upcoming T15 Subsidy Changes For RON95 May Push Buyers To EVs, Says MIDF. Really? - Auto News

2025 will go down as a memorable year for Malaysian car owners and consumers alike as the year of the removal of blanket subsidies for RON95 petrol, marking a big hit to our wallets at the pump as well as potentially increasing our cost of living due to the trickle-up effects of increased energy and transport costs. However, a new report by MIDF Research suggests it will also lead to increased EV adoption. Specifically, these findings point to t…

CBMF notes ‘disconnect’ between gov ICE policy and dealer confidence

Close Brothers Motor Finance (CBMF) has highlighted a ‘disconnect’ between the Government’s policy on ICE and dealer confidence. The timeline of the ban on new petrol and diesel vehicles has led to 78% of dealers expressing doubts about whether than ban will go ahead in 2030. John Cassidy, MD of Sales at Close Brothers Motor Finance, said: “As the government pushes forward with its ambitious goals, our findings highlight a clear disconnect betwe…

T15 fuel subsidy criteria may push consumers to downgrade vehicles or switch to EVs - MIDF Research

The proposed T15 income bracket criteria for the RON95 fuel subsidy that is to be finalised by the middle of this year may drive consumers to downgrade their vehicles or change to electric vehicles, according to MIDF Research, reported Bernama. The upcoming change in policy may influence buyers to lower-cost internal-combustion engined vehicles or switch to EVs, the latter particularly before the tax exemptions for fully imported (CBU) EVs expir…