New research from consulting company EY shows that car buyers across the globe are changing their minds on wanting EV over combustion.
According to EY’s Mobility Consumer Index, half of car buyers around the world plan to buy a combustion-powered vehicle in the next two years. The study found that electric vehicle preference has dropped 10 points to just 14%. Hybrid buyer preference has also fallen, but only slightly. Down five points to 16%.
This sentiment isn’t limited to the US, though it was highest there. Consumer intent to buy combustion over electric was up 12 points in the Americas, versus 11 points in Europe and 10 points in the Asia-Pacific region.
