Nick Pope
Daily Caller News Foundation

Nearly half of American electric vehicle (EV) owners want to buy an internal combustion engine model the next time they buy a car, according to a new study from McKinsey and Company, a leading consulting firm.

Approximately 46% of Americans who own an EV want to go back to a standard vehicle for their next purchase, citing issues like inadequate charging infrastructure and affordability, according to McKinsey’s study, which was obtained and reviewed by the Daily Caller News Foundation. The study’s findings further suggest that the Biden administration’s EV push is struggling to land with American consumers, after 46% of respondents indicated that they are unlikely or very unlikely to purchase an EV in a June poll conducted by The Associated Press and the University of Chicago’s Energy Policy Institute.

Get the hottest, most important news stories on the Internet – delivered FREE to your inbox as soon as they break! Take just 30 seconds and sign up for WND's Email News Alerts!

Moreover, 58% of Americans are very likely to keep their current cars for longer, and 44% are likely to postpone a possible switch to EVs, McKinsey’s study found. Consumers’ concerns about EV charging infrastructure are notable given the slow rollout of the Biden administration’s $7.5 billion public EV charger program, which has so far led to the construction of only a handful of chargers in nearly three years.

Buttigieg says you don’t have to worry about gas prices if you buy an electric vehicle…someone should remind him how out of touch he sounds pic.twitter.com/tiJVkl7wB3

— Daily Caller (@DailyCaller) March 7, 2022

The Biden administration has a stated goal of having EVs make up 50% of all new car sales by 2030, and the Environmental Protection Agency (EPA) finalized stringent regulations in March that will force manufacturers to ensure that up to 56% of their light-duty vehicles are EVs by 2032. The EPA has also finalized strict emissions standards for medium- and light-duty vehicles, while the National Highway Traffic Safety Administration (NHTSA) has also locked in fuel economy standards that will further push manufacturers to produce more EVs.

The administration is also spending billions of dollars to subsidize the production and purchase of EVs, but manufacturers are still losing considerable amounts of cash on their EV product lines. EVs remained below a 10% share of all auto sales in the U.S. in 2023, according to Cox Automotive.

The White House did not respond immediately to a request for comment.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].

SUPPORT TRUTHFUL JOURNALISM. MAKE A DONATION TO THE NONPROFIT WND NEWS CENTER. THANK YOU!