Are More People Starting to Regret Buying Their Electric Cars?

Whether we like it or not, we must come to the conclusion that electric cars are the present and the future of the automotive industry. The infrastructure, as a matter of fact, has only gotten infinitely better over time. In the Philippines, we have charging stations along national expressways like NLEX, at establishments like SM and Ayala Malls. Shell, Solarius, and UniOil also offer charging stations. On top of these, some hotels, like Seda in Taguig have one, as well. We can even have one built into our homes for an extra fee.

But as it turns out, a Mobility Consumer Pulse report conducted by global management consulting firm McKinsey & Company shows that even the most loyal EV owner is still worried about charging and is seriously considering going back to internal combustion engines (ICE)

Individuals specified problems like having to go to specific directions just to go to a charging station, which greatly affects their own travel time. 24 percent of the respondents also claimed that they couldn't charge at home and the act of worrying was apparently too stressful for 21 percent of the EV owners surveyed. 

But perhaps one of the more troubling reasons for the trend is that the cost of ownership is just too high, it seems, with 34 percent of respondents saying that the maintenance costs can be absurd.

ALSO READ:

6 Things You Need to Know About the Porsche Taycan

Can Electric Cars Get Wet, and 8 Other Questions About EVs Answered

Getting into the data, roughly 35 percent of respondents emphasized that public charging infrastructure is still not at an optimal level. Among the other reasons cited for the would-be switch include the driving experience and long-distance traveling. The latter is more of a function of anxiety, worrying if the charge is even enough to cover the distance.

As it stands, the firm's survey has confirmed that 29 percent of its respondents said that they were looking to go back to an ICE vehicle sooner rather than later.