Wednesday, April 29, 2015

Study: Millennials Love Cars, Not So Much EVs

Kia Soul with Lyftstache Circa September 2013

Per a new study by Continental AG, millennials love cars as much as they love iPhones, so long as their rides aren't electrified.

The biennial Continental Mobility Study found in 2015 that 84 percent of those between ages 16 and 25 state that driving matters greatly to them, with 76 percent of the group driving their vehicles every day, AutoGuide reports.

Regarding the aforementioned iPhones, consumer electronics still rule over the group, as 91 percent placed a high importance on their smartphones, tablets et al. When it comes to automakers bringing that experience to their offerings, 73 percent stated they would like a connected vehicle. However, Continental AG board member Helmut Matschi cautions automakers to take a shotgun approach to implementing said tech, with data security being at the top of the list.

Ownership matters to all who were surveyed: 94 percent said they owned their vehicles, while only 1 percent preferred to use car-sharing services. The figure follows a similar trend in Europe, where 83 percent surveyed also stated that they own their cars. Matschi said he was "a bit surprised" at the outcome, thinking behavioral changes should have occurred by now, but that both young and older drivers alike "see driving as sustainable and fun." Industry experts add that 65 million millennials will buy a vehicle over the next five years, fueling technological advancements in connectivity and autonomy in so doing.

One of those behaviors – going for greener, electrified motoring solutions – isn't highly regarded among the group, let alone among all those who were surveyed by the supplier. While 71 percent of all Americans surveyed found EVs did wonders for the environment, only 31 percent said EVs were a joy to drive, 38 percent loved their designs, and 27 percent believed they were sporty.

Going from bad to worse for EV proponents, 21 percent of 31- to 59-year-olds said they thought EVs were a viable solution for transportation, while 24 percent of 16- to 30-year-olds stated they would use an EV to get around over the next decade.

The 2015 edition of the Continental Mobility Study contacted 2,300 non-drivers and 400 drivers in the U.S. for representative and qualitative sampling respectively during the second half of 2014.

[Photo credit: Raido/Flickr/CC BY 2.0]

The post Study: Millennials Love Cars, Not So Much EVs appeared first on The Truth About Cars.



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