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Monday, 23 May 2022 08:58

82% of Holiday Travelers Will Road-Trip this Memorial Day

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A car-shopping marketplace Cars.com 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 said, "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:

 

Save almost 25% at the pump: With gas prices in the U.S. now hovering around $4.59 on average per gallon for regular, EV drivers could save an average of...


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