by Nick Pope
Nearly half of U.S. electric vehicle (EV) owners want to buy a model with an internal combustion engine the next time they buy a car, according to a up-to-date study by leading consulting firm McKinsey and Company.
According to a McKinsey study obtained and verified by the Daily Caller News Foundation, about 46 percent of Americans who own an electric vehicle want to revert to a standard vehicle for their next purchase, citing issues such as inadequate charging infrastructure and affordability. The survey results further suggest that the Biden administration’s push for electric vehicles is struggling to resonate with American consumers, according to 46 percent of respondents indicated that they are unlikely or very unlikely to buy an electric vehicle, in a June poll by The Associated Press and the University of Chicago Energy Policy Institute.
What’s more, a McKinsey study found that 58 percent of Americans are likely to keep their current cars for the long term, and 44 percent are likely to delay switching to electric vehicles. Consumer concerns about electric vehicle charging infrastructure are worth considering ponderous implementation of the Biden administration’s $7.5 billion society Electric vehicle charger programwhich has so far led to the construction of only approx handful chargers in almost three years.
Buttigieg says if you buy an electric vehicle you don’t have to worry about gas prices…someone should remind him how out of touch his voice is pic.twitter.com/tiJVkl7wB3
— Daily Caller (@DailyCaller) March 7, 2022
The Biden administration stated goal that electric vehicles should account for 50 percent of all up-to-date car sales by 2030, and the Environmental Protection Agency (EPA) finalized in March strict regulations that will force manufacturers to ensure that as many as 56 percent of their delicate vehicles are electric by 2032. The EPA has it too finalized stringent emissions standards for medium and light-duty vehicles, while the National Highway Traffic Safety Administration (NHTSA) also closed in fuel economy standards that will further push manufacturers to produce more electric vehicles.
The administration is also spending billions of dollars on subsidies production AND purchase electric vehicles, but manufacturers continue to lose significant amounts of cash on their electric vehicle product lines. The share of electric vehicles in total US car sales in 2023 remained below 10%, According to to Cox Automotive.
The White House did not immediately respond to a request for comment.
– – –
Nick Pope is a reporter for the Daily Caller News Foundation.
“Tesla Charging” photo by Grand Canyon National Park. CC BY 2.0
