But owners of both mainstream and luxury EVs remain highly satisfied. Still, EV sales will likely be flat this year.
EV market share is up to 9.1% of all new cars sold, up from 8.4% last year. Because of the uncertainty behind tax credits, J.D. Power is expecting demand to stay flat this year. The BMW iX has the highest owner satisfaction among all models surveyed. It’s a not-so-good time for EVs right now, at least when it comes to regulation and incentives. The IRA’s tax credits are on the chopping block, hurting pricing on what are still kind of expensive vehicles.
Still, the drivers who have EVs love them. The survey said that 94% of EV owners intend to get another for their next vehicle. Owner satisfaction is high; U.S.-market EVs and premium EVs got 725 and 726 out of 1,000 respectively. Only 12% of the EV buyers surveyed would consider an ICE or hybrid car to replace an EV. Public charging is getting better, too. Tesla supercharging still reigns supreme at a score of 555, but the other brands are up a whopping 86 points at 396.
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