In a recent video by automotive commentator Kirk Kreifels, he discusses a surprising trend among electric vehicle (EV) owners in the United States. According to a new study by McKinsey, more than 40% of U.S. EV owners are considering switching back to internal combustion engine (ICE) vehicles for their next purchase. Kreifels explores the reasons behind this shift and provides an in-depth analysis of the current EV market.
One of the primary reasons for the shift back to gas cars is the plunging value of used EVs. Kreifels points out that the market for used EVs is experiencing a significant decline, with values dropping faster than those of gas-powered vehicles. This depreciation makes it less attractive for owners to keep their EVs, prompting many to consider ICE vehicles for better resale value.
A major factor driving EV owners back to gas cars is the inadequate charging infrastructure in the United States. Kreifels notes that the lack of a reliable and extensive charging network makes it inconvenient for EV owners to travel long distances. This issue is particularly pronounced in colder climates, where charging efficiency can be significantly reduced.
While EVs offer lower maintenance costs compared to ICE vehicles, the inconvenience of charging can outweigh these benefits. Kreifels explains that the ease of refueling a gas car compared to finding a charging station can be a decisive factor for many owners. The practicality of being able to quickly refuel at any gas station versus potentially lengthy charging times is a significant consideration.
One of the primary reasons for the shift back to gas cars is the plunging value of used EVs. Kreifels points out that the market for used EVs is experiencing a significant decline, with values dropping faster than those of gas-powered vehicles. This depreciation makes it less attractive for owners to keep their EVs, prompting many to consider ICE vehicles for better resale value.
A major factor driving EV owners back to gas cars is the inadequate charging infrastructure in the United States. Kreifels notes that the lack of a reliable and extensive charging network makes it inconvenient for EV owners to travel long distances. This issue is particularly pronounced in colder climates, where charging efficiency can be significantly reduced.
While EVs offer lower maintenance costs compared to ICE vehicles, the inconvenience of charging can outweigh these benefits. Kreifels explains that the ease of refueling a gas car compared to finding a charging station can be a decisive factor for many owners. The practicality of being able to quickly refuel at any gas station versus potentially lengthy charging times is a significant consideration.
I have to wonder about the reliability claim. I can see EVs being more reliable that the generic IC car, but considering the costs of an EV vs a Nissan Versa you might expect a bit more.
statistics: Posted by Hockeygoon — 4:37 PM - 1 day ago — Replies 1 — Views 53