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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: elmatador who wrote (12795)7/26/2024 1:23:48 PM
From: E_K_S1 Recommendation

Recommended By
elmatador

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  • Nearly 30% of electric vehicle owners globally are likely to switch back to internal combustion engine cars, according to a recent McKinsey global consumer survey, with U.S. EV owners even more likely to switch back to ICEs.
  • A study from Edmunds found that in Q2 2024, just under 40% of EVs utilized as a trade-in were used to purchase or lease a new?ICE vehicle.
  • GM and Ford are seeing increased EV sales, but have pulled back on growth forecasts, and in the near-term issues like charging, range and battery degradation could turn many early buyers off from another purchase.

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