Electric Vehicle (EV) Ownership

A consumer research group found that 46% of American EV owners regret their purchase and may switch back to ICE due to concerns about infrastructure, costs, and long-distance trips. McKinsey & Company's research across 15 countries shows a slight increase in willingness to consider electrified vehicles, but not as much as EV advocates hoped for. Lack of charging infrastructure and limited demand are major obstacles to EV adoption.