Many EV Owners Globally Are Considering Switching Back To Fuel-Powered Vehicles, Survey Says

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The survey by McKinsey & Co showed that the slow growth of EV infrastructure is one of the hurdles informing the decision to return to “regular” cars.

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In the US, the Department of Energy’s National Electric Vehicle infrastructure program has been slow to expand, leaving many regions underserved. For now, only 9% of study participants were satisfied with the current public charging network. The change in consumer preferences has been reflected by the way EV producers such as General Motors, Ford Motor, Mercedes-Benz, Volkswagen, and Land Rover scaling back or delaying their electric vehicle productions.

What about EV growth in Malaysia? According to TNGlobal, analysts predicted the growth potential of EVs in Malaysia since there have been launches of new models and regulatory incentives.

 

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