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.
The biggest reason EV owners cited for wanting to return to owning a gas-powered vehicle was the lack of available charging infrastructure ; the second-highest reason cited was that the total cost of owning an EV was too high . Nearly 1 in 3, 32%, said their driving patterns on long-distance trips were affected too much due to having an EV.