In its 2024 Mobility Consumer Global Survey, McKinsey & Co. finds that almost half of US electric vehicle owners say they will likely go back to purchase an internal combustion (ICE) car next. 46% of US respondents expressed that sentiment, compared to 29% of global respondents.
Which of course just goes to show how much quicker Americans pick up on scams than citizens in other nations. Ok, just kidding, a little.
Some other very interesting findings in this study include:
US respondents do not consider driver assistance a key factor in purchasing a car. 48% said it was simply a non-factor in their buying decision, while only 9% said it was an important factor.
35% of respondents said an inadequate charging infrastructure was one reason they wanted to switch. Other top answers included total costs of ownership and too much impact on long-distance trips.
Just 11% of American respondents support government legalization of fully autonomous vehicles on the road today. 48% said they’d support it in a few years and 41% said they’d never support it.
53% of global respondents said AV safety has to increase before they would support autonomous technology.
Just 18% of respondents said their next car purchase would be an EV, but that’s up from 16% in 2023.
Overall, the survey finds EV adoption in Europe and other western nations outpacing that in the US, which is not surprising given the adoption of far more draconian measures by non-US governments designed to force the shift. If the Biden administration is given another 4 years in office, we can expect them to put the US in catchup mode, whether by hood or crook.
Remember, consumer choice only matters when freedom of choice is allowed.
That is all.
This on top of your previous article re Fiskar, Rivian, and Lucid. underscores the continued challenges for EV makers. Without government intervention, these companies would have never even hit first gear. You can count on more subsidies, anyway. And hopefully more backlash from taxpayers.
Interesting comments. And the EV sentiment would likely be stronger in buyers if all new vehicles - against any form of battery vehicle. The battery approach simply doesn’t make sense for most vehicle owners. The more sensible approach would be increased fuel economy.
But then politicians have become a corrupt bunch of lunatics focused on self enrichment rather than improving governance and maintaining freedom.