Although tax credits for new and used electric vehicles included in the US Inflation Reduction Act are doing their job to make electric vehicles more attractive to American consumers, it is not just the high price that is deterring Americans from purchasing electric vehicles.

According to data from a recent AAA survey, one quarter of Americans say that they are likely to buy an electric vehicle (excluding hybrids) as their next car. Three quarters still do not see themselves plugging in an electric vehicle instead of refuelling at filling stations.

There are primarily three reasons for the hesitation, as seen in the following chart: high prices, concerns about electric vehicle range, and charging issues.