FOXBusiness posted an article sharing new data from McKinsey & Co.’s Mobility Consumer Pulse for 2024. The report found that 46% of EV owners in the U.S. said they were “very” likely to switch back to owning a gas-powered vehicle in their next purchase.
Nine countries participated in the poll, with nearly 37,000 consumers worldwide. Australia was the only country with a greater percentage than the U.S. that wanted to switch back to gas engines, at 49%. Also included in the poll were Brazil, China, France, Germany, Italy, Japan, and Norway. Across all of those countries, the average percentage of people who wanted to switch from their EVs back to gas was 29%.
The biggest reason EV owners cited for wanting to return to owning a gas-powered vehicle was the lack of available charging infrastructure (35%); the second-highest reason cited was that the total cost of owning an EV was too high (34%). Nearly 1 in 3, 32%, said their driving patterns on long-distance trips were affected too much due to having an EV.
Of the EV owners across all countries, 11% said the infrastructure where they live is well set up in terms of charge points, 40% said there were not enough chargers along highways and main roads, and 38% said there were not enough chargers in close proximity to them.
The findings come years into the Biden administration’s push for U.S. consumers and automakers to embrace EVs and reinforce other recent polling that indicates a major chunk of Americans are still not sold on going all-electric.
To further the Biden administration’s EV agenda, Democrats passed infrastructure legislation in 2021 that committed billions of taxpayer dollars to building a half million charging stations in the U.S. by the end of the decade.
But three years later, only seven federally funded chargers have been built to date, and the slow progress has sparked condemnation from both sides of the political aisle.
The McKinsey data found that consumers’ satisfaction globally with charging availability has improved some since last year’s survey but noted it “still has a long way to go.”
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