About half of gasoline and diesel vehicle owners in the U.S. are considering a hybrid or electric vehicle, consultant KPMG's consumer pulse summer 2023 survey found.
The majority of consumers willing to consider those vehicles expect to purchase one within the next two years, according to the survey released Monday. KPMG surveyed 1,003 people in the U.S. on April 21-26.
For most consumers considering the switch to electric or hybrid vehicles, gas prices and environmental concerns are the top motivators.