Mainstream EVs change consumer perception by attracting young, affluent, luxury-car owners, Edmunds says

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  • Mainstream EVs change consumer perception by attracting young, affluent, luxury-car owners, Edmunds says



Funny thing happened when gasoline prices surged in early 2022.

A surprising number of luxury car owners traded-in their internal combustion engine Lexus, Mercedes-Benz, BMW and Audi vehicles for electrified Ford Mustang Mach-E, Hyundai Ioniq 5 and Kia EV6 SUVs.

So says a recent Edmunds study which lays out “Four Major EV Trends to Watch” and concludes that the EVs…

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