Buyers resist the move to new tech

AutoExec Summary
The JD Power Mobility Confidence Index Study reveals significant consumer scepticism regarding autonomous and electric vehicles. With low confidence scores of 36 for self-driving cars and 55 for electric vehicles, concerns about technology failures and affordability dominate. The survey shows that familiarity with electric vehicles increases purchase consideration, highlighting the importance of consumer education. As the automotive industry evolves, manufacturers must address these challenges to foster consumer trust and acceptance of emerging mobility technologies.

Brands mentioned: Toyota, Tesla, Nissan, Hyundai