Mobility

Will price, charging headaches send EV owners back to the ICE age?

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Chevrolet Bolt electric vehicles at a dealership in Colma, Calif. (BLOOMBERG)
June 16, 2024 10:00 AM

Charging concerns, high cost of ownership and the complexity of long-distance trips are the three leading reasons why more than 40 percent of U.S. electric vehicle owners say they will likely switch back to combustion engine vehicles with their next purchase, according to the results of a new consumer survey from McKinsey & Co.

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