Nearly half of American EV owners likely to switch to gas-powered cars, study finds

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Nearly half of American EV owners likely to switch to gas-powered cars, study finds
Charging InfrastructureGas-Powered CarsBiden Administration
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Of the nine countries surveyed in the study, the U.S. demonstrated the second-highest such percentage.

Nearly half of Americans who currently own an electric vehicle will likely switch to a gas-powered car, according to a McKinsey & Company study published this month.

Thirty-five percent of the global respondents cited inadequate charging infrastructure as a reason to switch back. Meanwhile, 4 in 10 global participants in the survey said chargers were missing along highways and other main roads. They also picked a range of other reasons for not wanting to buy an electric car, including low familiarity with them, technology skepticism and cost of ownership.

However, the likeliness to buy electric vehicles has grown over the past three years. In 2021, 14% of gas-powered car owners said their next vehicle would be electric, compared to 18% in February, according to the study.

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