Survey Reveals High Rate of EV Buyer Remorse

Nearly half of American EV owners consider returning to gas-powered vehicles due to charging and cost issues, according to McKinsey study.

46% of US EV owners are likely to switch back to internal combustion engine cars.
Charging infrastructure and high ownership costs are the main reasons for dissatisfaction.
Globally, 29% of EV owners express a desire to return to gas-powered vehicles.
Interest in Chinese EV brands is growing in Europe, with BYD seeing a significant increase in consideration.
Younger, urban, and tech-savvy consumers are more inclined to buy EVs despite the challenges.