Many early-adopting EV owners around the world want to gas up again
Publishing timestamp: 2024-07-25 15:22:22
Summary
Nearly 30% of electric vehicle owners globally are likely to switch back to internal combustion engine cars, with U.S. EV owners even more likely to switch back. GM and Ford are seeing increased EV sales but have pulled back on growth forecasts. Issues like charging, range, and battery degradation could turn early buyers off from another purchase. Lack of adequate public charging infrastructure remains a major issue. EV adoption has slowed in the U.S., but some markets like Norway have set up infrastructure and policy frameworks to support continued EV adoption.
Sentiment: MIXED
Keywords: automobile manufacturing, ford motor co, tesla inc, electric vehicles, general motors co, united states, business news, alternative and sustainable energy, autos, suppress zephr,
Source: https://www.cnbc.com/2024/07/25/ev-owners-want-to-buy-gas-cars-again.html