Electric Affection: Nine out of ten Canadian EV owners report being likely to buy another electric vehicle, says new CAA report
Toronto, Ontario – According to a recent survey of more than 16,000 electric vehicle owners by the Canadian Automobile Association (CAA), most electric vehicle owners will buy another EV despite public charging infrastructure needs. Specifically, nine out of 10 Canadian EV owners report being likely to buy another EV, with 82 percent being highly likely […]
Electric Spending: EV charging stations boost spending at nearby businesses by average of 1.4 percent, says MIT study
Toronto, Ontario — A new study from MIT researchers indicates that charging stations for electric vehicles (EVs) can boost income for businesses by an average of 1.4 percent. Specifically, the study found that in California where data was collected, opening a charging station boosted annual spending at each nearby business by an average of about […]
Shifting Gears: Nearly half Gen Z drivers report driving more than five years ago, says Enterprise Mobility Survey
Toronto, Ontario — Nearly half of Gen Z drivers and 41 percent of driving millennials report that they drive more than they did five years ago, according to a recent Enterprise Mobility Survey. Some Gen X and baby boomer drivers reported they, too, are driving more, with 33 percent and 16 percent saying they get […]
Rising Repairs: Electric vehicles require, on average, three times more repairs than gas-powered vehicles, says J.D. Power 2024 study
Toronto, Ontario — In its inaugural year incorporating both franchise dealership repair data and consumer data, the J.D. Power 2024 U.S. Initial Quality Study (IQS) indicates that battery electric vehicles (BEVs) and plug-in electric hybrid vehicles (PHEVs) require, on average, more repairs than gas-powered vehicles in all repair categories. Specifically, according to the yearly study, […]
Losing Charge: Only 11 percent of Canadian new-vehicle shoppers ‘very likely’ to consider an EV, says J.D. Power report
Toronto, Ontario — According to a recent report from J.D. Power entitled “2024 Canada Electric Vehicle Consideration Study,” just 11 percent of new-vehicle shoppers in the country are “very likely” to consider an electric vehicle (EV) for their next purchase. This figure represents a three percentage point decrease from 2023 and the second consecutive year […]