Overview

• Only 41% of European drivers and 31% of American drivers say they would consider switching to an electric car, down from 48% and 34% a year ago, according to a Shell survey of 15,000 motorists.
• Electric vehicles remain up to 30% more expensive than combustion engine cars, with batteries accounting for roughly 60% of an EV’s manufacturing cost.
• Only about half of European respondents reported improved public charging over the past year, and just 17% said it offered good value for money compared with over 70% satisfaction in the United States and China.
• Support for phasing out petrol and diesel vehicles is conditional, with only 56% of phase-out backers pledging to maintain support if EV prices stay higher than conventional cars and 50% if charging infrastructure fails to improve.
• China’s aligned industrial strategy and government backing have driven EV ownership among single-vehicle households from 72% to 89%, illustrating the impact of coordinated policy.