40 percent of Americans ready to plug-in?

According to a recent survey, 40 percent of Americans are willing to test drive a plug-in vehicle.

But if only if it saves money?

Yet only 25 percent are even familiar with EV technology?

The Consumer Electronics Association has found that 40 percent of Americans are likely to test-drive an electric vehicle, citing “environmental and cost-saving benefits.” However, study respondents are also very concerned about range, charging issues and battery longevity.

Interestingly, however, only 25 percent of those surveyed are even familiar with electric vehicle technology.

Unfortunately, without major technological breakthroughs in lithium technologies, battery powered vehicles will not provide the cost-savings respondents are hoping EVs will provide. Inevitably, while manufacturing improvements will decrease costs significantly, commodity pricing will still limit cost-effectiveness compared to conventional technologies according to numerous battery and powertrain studies.

When previous consumer studies have suggested higher prices compared to conventional vehicles, buying interest has declined significantly, even with the potential of long term savings.

Nevertheless, similar to much other research, the CEA study does demonstrate that consumers are very attuned to environmental and energy security concerns. Of course, studies have been suggesting this concern now for decades, with limited real change.

Are things different this time around?