Nearly half of the electric vehicle (EV) owners in the United States are considering switching back to gasoline cars, according to a recent study by McKinsey & Co.

The 2024 Mobility Consumer Pulse Study points out that 46% of American EV owners are thinking about this switch, compared to a global average of 29%.

The study identifies inadequate charging infrastructure as the main reason for Americans considering a return to gasoline, with 46% citing it as a significant issue. This is followed by high ownership costs and impacts on driving patterns, affecting 34% and 32% of respondents, respectively. Currently, the U.S. has about 183,000 public EV charging stations.

 

Country % Likely to Switch Back to ICE
Australia 49%
United States 46%
Brazil 38%
China 28%
Germany 24%
Norway 18%
France 18%
Italy 15%
Japan 13%

 

The rollout of new charging stations has been hampered by complex regulations and varied consumer needs despite $5 billion funding from the 2021 Bipartisan Infrastructure Law. Other factors influencing the potential switch include an inability to charge at home (24%), stress over finding reliable charging options (21%), and dissatisfaction with the overall EV driving experience.

In contrast, the desire to switch back is less prevalent in countries like Japan (13%) and France (18%), while other countries such as Australia show even higher rates than the U.S., at 49%. Meanwhile, German car owners displayed both a preference for combustion engines and significant concerns over charging station availability.

Source: McKinsey & Co.