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Staff Writer

Most Won't Buy Electric Car Again

A recent study reveals that nearly half of early American EV adopters are considering a return to gas-powered cars for their next purchase, highlighting significant dissatisfaction with current electric vehicles.


A recent study has revealed that nearly half of early American electric vehicle (EV) adopters are considering switching back to gas-powered cars for their next purchase.

 

The study, conducted by McKinsey Mobility Consumer Pulse, surveyed 37,000 drivers worldwide to gauge the adoption of electrified cars. Among American EV owners, over 46% stated they were "very" likely to buy a gas-powered car next. Australia had an even higher percentage, with more than 49% of EV owners planning to return to internal combustion engines.

 

In contrast, less than a third of Americans expressed a likelihood of purchasing an electric vehicle in the future. Globally, only 29% of EV drivers indicated they would switch back to gas, with Japan showing the lowest rate at just 13%.

 

Drivers cited three main issues with their current electric vehicles, which are expected to receive significant upgrades. Despite Hyundai prioritizing EVs and investing $7 billion to make them more affordable, the trend shows a considerable number of early adopters still leaning towards gas-powered cars.

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