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What China's EV Buyers' Remorse Means For The World

15 Apr 2024 | Abstracted from Semafor

"...recent survey showing that more than a fifth of battery EV owners in China want their next car to be powered by fossil fuels

"..survey from McKinsey China pegged battery EV buyers' "regret rate" as surging from 3% in 2022 to 22% last year, which its report blamed largely on limited charging infrastructure...as the market has ballooned, consumers quickly shifted from trailblazers to more everyday users, who may be less prepared for challenges associated with EVs.."



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