Posted on 06/10/2024 6:13:47 AM PDT by Oldeconomybuyer
... Forty-six percent of Americans say they are "not too likely or not at all likely to purchase" an EV, according to a recent poll by The Associated Press -NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago.
Earlier this year, luxury German automaker Mercedes delayed its electrification plans by five years, with CEO Ola Kaellenius telling investors the company was still committed to producing combustion engine cars. Last month, Toyota executives announced its engineers were developing smaller, next-gen engines that can run on alternative fuels like liquid hydrogen.
Industry insiders are calling the trend "return to ICE," or internal combustion engines.
"Maybe there was a little bit of a hype [around EVs]. There are challenges with an all EV world," McKeel Hagerty, CEO of Hagerty, an automotive enthusiast brand, told ABC News. "There's a place for EVs for people who really want them, especially the high-performance ones, but they don't seem to be selling and I think that tells us something."
Tony Quiroga, editor-in-chief of Car and Driver and co-host of the magazine's new "Into Cars" podcast, noted that EVs can work for some Americans though the inconvenience of charging can outweigh the pros.
"Everyone who wanted an EV has one now," he told ABC News.
(Excerpt) Read more at abcnews.go.com ...
a bit?
No, it’s perfect description of what they do.
I “spoke” the truth.
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