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.
Key Points
- 46% of American EV owners regret their purchase
- Concerns about charging infrastructure, costs, and long-distance trips
- Limited growth in EV adoption globally
Cons
- 46% of American EV owners regret their purchase
- Limited charging infrastructure
- High costs of owning an EV
- Anxiety about long-distance trips
- Slow growth in EV adoption compared to expectations