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Nearly half of American EV owners want to switch back to gas-powered vehicle, McKinsey data shows Major share of US EV owners have buyer's remorse
Fox Business ^ | June 26, 2024 6:00am EDT | Breck Dumas

Posted on 06/26/2024 6:56:24 AM PDT by conservative98

A significant share of Americans who own an electric vehicle have buyer's remorse, according to new data.

McKinsey & Co.'s Mobility Consumer Pulse for 2024, released this month, 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.

The high percentage of Americans who want to make a switch even surprised the consulting firm.

"I didn't expect that," the head of McKinsey's Center for Future Mobility, Philipp Kampshoff, told Automotive News. "I thought, 'Once an EV buyer, always an EV buyer.'"

In the poll of nearly 37,000 consumers worldwide, Australia was the only country with a greater percentage, 49%, of EV owners than the U.S. who said they were ready to return to owning an internal combustion engine.

[cut]

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.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: automotive; buyersremorse; cars; ecars; electric; evs; gas
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1 posted on 06/26/2024 6:56:24 AM PDT by conservative98
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To: conservative98

Research > shiny marketing ads and incentives.


2 posted on 06/26/2024 6:59:41 AM PDT by Hoboto (I blame Hippies.)
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To: conservative98

Make them keep the darn things, and give them a gold star that they can proudly display.


3 posted on 06/26/2024 6:59:55 AM PDT by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: conservative98

“the second-highest reason cited was that the total cost of owning an EV was too high (34%)”

That’s weird. Could be they live where electric rates are teared. Then it was stupid of them to buy one in the first place. It cost us $7 to “fill up” (269 mi).

We have four other gas powered vehicles. If I go anywhere other than local, we take those.


4 posted on 06/26/2024 7:00:17 AM PDT by CottonBall (Every one of the Founding Fathers was a felon. Some went to jail, some executed, some died penniles)
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To: conservative98

Roman at TFL and the boys, EVs are not the future.
5 posted on 06/26/2024 7:00:56 AM PDT by conservative98
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To: conservative98

I’d right now rather get a small vehicle like the Hyundai Venue or the Nissan Kicks. At least I can fill up with gas, the vehicle is small enough to fit into tight parking spaces, and has reasonable amounts of interior space.


6 posted on 06/26/2024 7:02:57 AM PDT by RayChuang88 (.FairTax: America's Economic Cure)
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To: conservative98

Nothing like stressing about a long trip with the AC on in a Tesla.


7 posted on 06/26/2024 7:03:49 AM PDT by bray (It's not racist to be racist against races you do not like.)
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To: conservative98

Tough $hit.


8 posted on 06/26/2024 7:06:38 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: conservative98
"The biggest reason EV owners cited for wanting to return to owning a gas-powered vehicle was the lack of available charging infrastructure"
9 posted on 06/26/2024 7:10:20 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: CottonBall

“was the lack of available charging infrastructure “

MSM/rat spin: “see, once we spend billions on charging stations people will love them”. The lack of stations is barely makes the top 5 reason EV’s are bad choice for most.


10 posted on 06/26/2024 7:12:04 AM PDT by gibsonguy
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To: conservative98

Paging Pete Buttegig. He took B$ to install a nationwide EV charging network. He is responsible for this.


11 posted on 06/26/2024 7:13:06 AM PDT by kdot
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To: conservative98

The other half are well trained and brainwashed ,LOL


12 posted on 06/26/2024 7:14:37 AM PDT by butlerweave
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To: conservative98
Nuggets from the research:

Cannot charge at home: 24%
Me: A group that shouldn't consider buying an EV.

Would like to replace their private vehicle completely with other forms of transport in the next 10 years: 29%
Me: I can't imagine why.

Of respondents who do not have an EV yet, consider a BEV or PHEV as next car: 38%
Me: Think before you do it. It may be that a BEV is good as one of your two cars. But only if you do your homework first.

13 posted on 06/26/2024 7:14:58 AM PDT by Tell It Right (Galatians 6:14 -- May I never boast except in the cross of our Lord Jesus Christ...)
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To: conservative98

If your battery dies you’re trapped inside


14 posted on 06/26/2024 7:15:35 AM PDT by butlerweave
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To: bray
I enjoyed seeing Teslas from Massachusetts and Connecticut heading north to a packed charging station in St.Johnsbury, Vermont when everyone else was heading south after the April eclipse. Reality bit them in the arse when they realized they weren't going to make it home on their charge.

Good craic that was, thinking how many hours they had to wait at the charging station and likely would need another due to the volume of traffic south of there.

15 posted on 06/26/2024 7:16:00 AM PDT by Lovely-Day-For-A-Guinness (Jesus rides beside me, He never buys any smokes)
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To: conservative98

I can see EV’s dumped in open government land someday.


16 posted on 06/26/2024 7:16:50 AM PDT by BigFreakinToad (Remember the Biden Kitchen Fire of 2004)
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To: conservative98

I bought an EV about ten years ago for trips around town. Never again. It was a hassle, especially in a cold Midwest winter which cut the range in half. Fortunately, I was able to trade it in after a year and got more than I paid for it!


17 posted on 06/26/2024 7:17:00 AM PDT by Restless
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To: conservative98

East to spot EV owners any place they all have a patch on the cheek to cover the hook mark.


18 posted on 06/26/2024 7:18:26 AM PDT by Vaduz
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To: All

It is not happening.

US oil consumption 2023 was +0.6%. China was +10% (!). China is the big EV Mecca but oil gets burned anyway.

The world now consumes over 100 million barrels/day.

The question of “how long can this go on” is not a climate question. It is a question of how long will the planet run out — and the wackos about to say it replenishes itself . . . not a single one of you has gone out to buy Plug&Abandon empty oil wells on presumption it has refilled.


19 posted on 06/26/2024 7:22:33 AM PDT by Owen (.)
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To: conservative98

In my circles, the same people bought into this EV horse$hit are the same ones who lined up to get the poison shot. Very easily swayed.


20 posted on 06/26/2024 7:29:54 AM PDT by hillarys cankles
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