A new survey found that despite an almost 35% year-over-year increase in gas prices, 82% of Americans who are planning to travel this Memorial Day will do so by car. Overall travel across all modes of transportation is up 8% for the holiday weekend compared to 2021, but car travel is down slightly (7%) primarily due to high gas prices, a general desire to save money due to rising inflation, and lingering COVID-19 concerns.
“Record-high gas prices aren’t scaring away as many avid road trippers this Memorial Day as one would think,” said Jenni Newman, Cars.com’s editor-in-chief. “It seems many Americans are willing to pay a premium to take some time off and celebrate the holiday. But the nature of the road trip is changing: Carpooling is no longer just for work and school commutes, and routes and destinations are being shaped by the availability of EV infrastructure for a growing number of travelers.”
Eighty-seven percent of consumers surveyed by Cars.com say they will be traveling with others this holiday weekend, with 51% citing high gas prices as a driver. For those traveling by car, 11% will be taking an electric vehicle on the road.
Newman adds, “An EV road trip means more than just relief at the pump; it adds a whole new element to the trip including accounting for charging opportunities across a country that’s still building up its EV infrastructure.”
EV-Powered Memorial Day Road Trip
According to Cars.com’s survey, 47% of EV owners take three to five road trips a year. While most road trips look similar despite your vehicle type, there are a few key differences EV drivers should be prepared for:
*All survey data is from a Cars.com consumer survey, May 4-9, 2022, 1,620 responses.
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