According to results from a 2022 survey, a household's annual gross income influenced U.S. consumers' intention to purchase a hybrid or electric vehicle. Some 62 percent of respondents self-reporting as from an upper class household intended on purchasing a new energy vehicle. This share dropped to just over half for middle class respondents, and under 35 percent for underprivileged participants.
Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income
Characteristic
A hybrid vehicle
An electric vehicle
A petrol/diesel vehicle
Don’t know
I don’t have a vehicle now and do not plan to buy one
I would substitute my car with public transport or a bike
Original survey questions: "If you were to change your car or buy one for the first time, would it be…
a hybrid vehicle
a petrol/diesel vehicle
an electric vehicle
I would substitute my car with public transport or a bike
I don't have a vehicle now and do not plan to buy one
Don't know"
288 respondents identified as underprivileged, 485 respondents identified as middle class, 154 respondents identified as upper class, and 73 respondents preferred not to say.
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EIB. (January 9, 2023). Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/
EIB. "Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income." Chart. January 9, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/
EIB. (2023). Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/
EIB. "Consumers' Car Purchasing Intention in The United States in 2022, by Vehicle Type and Household Annual Gross Income." Statista, Statista Inc., 9 Jan 2023, https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/
EIB, Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income Statista, https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/ (last visited November 03, 2024)
Consumers' car purchasing intention in the United States in 2022, by vehicle type and household annual gross income [Graph], EIB, January 9, 2023. [Online]. Available: https://www.statista.com/statistics/1296900/us-car-purchasing-intention-by-vehicle-type-and-household-income/
