Large Percentage Of Americans Regret Buying Electric Vehicles, Plan On Switching Back To Gas-Powered

Nearly half of all Americans who have purchased an electric vehicle regret the decision and are planning to go back to driving a gas-powered vehicle when they make their next purchase.

The report from the consulting firm McKinsey & Co. found that a staggering 46% of Americans who purchased an electric vehicle regret the decision and plan on making their next purchase an internal combustion engine.

The findings from the report counter narratives parroted by the Biden administration, Democrats, and the electric vehicle industry that EVs are the future and that buyers never regret their decision.

“I didn’t expect that,” said Philipp Kampshoff, leader of the consulting firm’s Center for Future Mobility. “I thought, ‘Once an EV buyer, always an EV buyer.'”

Kampshoff said that the findings were a serious “warning sign of the direction of travel” and that there was “a real stalling we’re seeing in the U.S. that we’re not seeing in other geographies.”

Globally, a third of the nearly 40,000 people surveyed said that they regretted their decision and planned to turn back to driving internal combustion engines.

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There are numerous reasons why drivers want to ditch their electric vehicles, including a severe lack of charging stations, their limited range and performance abilities, high purchase and maintenance costs, issues surrounding quality, and more.

The report comes as the EV industry has significantly cooled off over the last couple of years with some manufacturers having to declare bankruptcy amid low demand for the vehicles. Numerous companies have been forced to scrap their plans to build EVs or cancel their plans to go all electric. An executive of another EV company was recently sentenced to federal prison for lying to investors about the abilities of his company.