While it’s a still a fairly small percentage of American auto buyers who drive an EV – with eight percent opting for an all-electric vehicle and two percent choosing a plug-in hybrid during the 2024 calendar year – customer loyalty to EVs among current owners is high.
Specifically, only 9 percent of current EV owners say their next vehicle will be a gasoline-only model and only 15 percent would shift to a PHEV, according to detailed research by the McKinsey and Company McKinsey Center for Future Mobility.
With 91 percent of U.S. EV owners now uninterested in ICE vehicles, this appears to be good news for GM, which has a plethora of EVs to choose from in the U.S.:
- Cadillac Celestiq
- Cadillac Escalade IQ
- Cadillac Escalade IQL
- Cadillac Lyriq
- Cadillac Lyriq-V
- Cadillac Optiq
- Cadillac Optiq-V (upcoming)
- Cadillac Vistiq
- Chevy Blazer EV
- Chevy Bolt EV (upcoming)
- Chevy BrightDrop
- Chevy Equinox EV
- Chevy Silverado EV
- GMC Hummer EV Pickup
- GMC Hummer EV SUV
- GMC Sierra EV
This figure contrasts sharply with study results from last year that showed 46 percent of electric vehicle owners wanted to return to an ICE vehicle. The study does not reveal if these owners have been “converted” to electric vehicles in the meantime or if they have simply returned to gas-powered transport and therefore no longer affect the results.
Rendering of the future Chevy Bolt EV
EV owner satisfaction has been growing though the loss of the federal tax incentive and public charging infrastructure spending could alter that trajectory again. Fleet operators tend to prefer electric vehicles, with a plurality liking electric units better thanks to lower costs of ownership.
In spite of these facts almost half of dealerships are unenthused about offering electric vehicles for sale. This is particularly true in areas such as the country’s interior and the mountain states. At the same time, GM is siphoning many sales away from Tesla, though Elon Musk’s company remains the market leader overall.
Still, in spite of apparently fierce loyalty to the vehicle format among U.S. EV owners, the sales patterns led McKinsey to state “the overall EV transition in the United States will continue at a slow pace, and ICE and hybrid-electric-vehicle (HEV) technology will remain relevant over the longer term.” It concluded that “OEMs should review their portfolios accordingly.”
Comments
If charging is not an issue, I can’t see why anyone would prefer ICE over EV, especially four and six cylinders.
And now the entry level (Trax, Trailblazer, Envista, Encore, Bronco Sport, Escape) is increasingly moving to three-cylinder engines.
Charging, battery fires, battery capacity (including the limited range when brand new and the diminishing capacity over time), and the relative price compared to ICE.
I am actually a big fan of EVs in principle. It’s just not practical for many commuters yet.
This right here. A car is too big of an investment to simply take such a hit to practicality especially at the price EVs cost. Most people with EVs in my neck of the woods have a Range Rover or BMW X7 as their second vehicle and can buy these cars like they are matchbox cars. But most Americans can’t so we have to take these drawbacks into consideration.
And there’s the exact reason for the EV tax credits – to try and allow those that may not be able to otherwise afford such an expensive piece of new technology the opportunity to get one, ideally to reduce operating costs and save money in the long run.
Yes but that alone cannot be the solution. The prices of those cars needed to come down. Otherwise cars would become toys for the rich only and the rest of us on E bikes?
So Cathy the cashier and Mark the mailman should be taxed so others can afford a new 60K car that they couldn’t quite swing at 67K? Sounds fair…..
i see kids working at Petco driving Mercedes teachers aids BMW so with lease i guess there is always a way
There are used EVs too. Ours was $20K and low miles.
@Doug Dimmadome
I most definitely understand the appeal of BMW’s inline-6 engine, as it’s truly fantastic. However, I tend to agree with your perspective. Unless charging an electric vehicle presents a significant inconvenience in one’s daily life, it’s hard to see the advantage of driving a four-cylinder, let alone a three-cylinder vehicle.
I think resale value is a huge downside to EVs. Kelly Blue Book says a Silverado EV will lose $63,300 over five years of ownership and trucks historically hold their value better than other categories so that’s an especially high level of depreciation and a big loss. KBB’s assessment is based on a $87,863 Silverado EV reselling for $38,207 after five years on the road.
I view EVs as disposable transportation for the masses. They may work well for many but they won’t be worth much in time and with continued use. They will need to be junked when the battery no longer holds a charge whereas an ICE vehicle can have a very long life if properly cared for.
I don’t proclaim to be clairvoyant but I wonder if any EV exists beyond say 15 years of use. It seems to me that they’ll all just be recycled instead of restored as happens with the more desirable ICE vehicles. That factor and high depreciation are major negatives to EVs as I see it. Perhaps that’s why so many are being leased. They’re nice enough but nobody wants a long-term commitment to them.
I barely see 1st gen Model S anymore and they are pushing 13 years. The few around may have been garage kept and away from extreme temps.
How is that not a huge incentive to get a cheap EV?
Eventually, they’ll get more popular (after the recession) and the used prices will start going up.
That’s why leasing is the best way. As a dealership employee, I just leased a 2024 Silverado EV RST ($96k MSRP) for under $500 mo., with tag title and tax included. 68% residual, 2.18% rate, 10k miles per year. It was a service loaner with 2000 miles. There’s no way on earth it’ll be worth $65k in 3 years. I would not buy an EV. Lease it and let the leasing company worry about it.
To get to that $500.00 per month payment how much did you pay up front?
I agree. I am currently leasing a Blazer EV, that I love, but wouldn’t consider buying one at this time. My daughter-in- law purchased an upsacle brand EV and after a year and a half wanted to buy the newer model EV, but would have lost so much on her current EV, she purchased a ICE model. Luckily she found a buyer for her previous vehicle and sold it privately.
Weight?
Durability?
Option of a ladder grain VS skateboard for utility?
Joy of the more natural power delivery?
Lifetime costs?
Ability to repair it?
Need I continue?
Sure, go ahead and continue – it only means you probably haven’t driven or lived with an EV because your trendy talking points are irrelevant and wrong.
@Steve
All looks good to me!!
Excellent analysis
I down voted thiscomment and the upvote and down vote counter cleared. What’s up with that? I downvoted because of the simple fact that I can get in an out of a gas station with a full tank in about 5 minutes. The best you can do with the most expensive charging technology is 30 minutes. My range will be farther no matter what charging technology you use. Even with my thirsty V6.
Refresh the page and the new count of upvotes/downvotes will show, including yours. It’s simply a quirk of the site’s function, the votes are actually counted, it simply zeroes the visible count out – temporarily – for anyone who votes.
One issue I see with EVs is what to do when severe weather brings down the electric grip for an extended time. We were hit with such weather last week and it virtually destroyed power lines in my area. A week later and power company still working on restoration. What are all those EV owners doing in the meantime? We seem to have many EV owners in my area and limited chargers sprinkled around parks, etc. The infrastructure needs to improve before I adopt.
I agree and think people still need a gas car to supplement an EV, but you’d be surprised how many ways there are to charge an EV (go to plugshare.com and see how many places there are around you, sometimes for free) .
Last winter I had over 2 weeks without power and the same thing with trees and power lines down all over the place. I think one thing to consider in events like this is that people don’t drive as much, if at all, because most places are closed, and about half the people on the road are trying to find gas for generators (which were running all around our neighborhood).
I’m sure this will be an unpopular comment, but last summer I added home batteries to prepare for events like this without relying on a gas generator (have had one for almost 20 years and never used it). I think of it like the battery in hybrid vehicles, it’s there to absorb power from whatever source, then power the house at a steady clip. During this outage, for a day we didn’t even know the power was out and wasted a bunch of backup power, then we didn’t know just how bad the storm damage was, and thought the power would be restored soon, so we didn’t conserve as much as we could have for a couple more days. Then after a week of pretty much just running the heater and a few lights, our home battery was getting low so I put it in our gas car and drove about 15 miles out of town to a working EV charger to get more power for the house (which coincidentally ended up being free). So after a couple hours of charging I had enough power for at least another week. Ideally, I would have just recharged the house with the EV (which has about 10 times the capacity of the home batteries) then made a run out to the working charger, using the car like a great big gas can to refuel the house, but the EV I currently have can’t offload power into the house like that. Ideally, it should be trivial to go find a working charger or other form of charging, but it could be quite a drive that needs to be budgeted for.
I’ve already reduced the backup power need by adding a little bit of solar, but my current backup plan is using an inverter and hybrid vehicle to charge the home batteries until I can get an EV that can take over those duties.
I could make the same argument for ICE vehicles. When hurricane Helene hit the Augusta, GA area, we hopped into our EV and drove to Charlotte, passing the long gas lines that people were waiting in. Then some folks had to drive miles and miles to get gas. I’m not knocking ICE vehicles, but at the end of the day, proper planning is what it takes. Luckily, we charge nightly, so we are always ready to go the next day. Some EV owners don’t have home chargers, so that could also happen to them. However, we have to get away from the EV vs ICE convo because it’s all about what works for the person that owns the vehicles.
In fairness I’ve witnessed power outages in which gas pumps weren’t operational either.
But the number of EV owners are tiny compared to ICE owners. GM went WAY overboard on EVs, at this point. Need to cull the offerings.
Culling the offerings while the share of EVs is growing and the dominant automaker in the segment is struggling?
Great strategy.
You have to start somewhere. Why do you people want EVs to fail so bad? I thought you red hat people were all about freedom of choice?
@Dave
And I thought you “libs” were all about love, caring, acceptance, but the minute you don’t agree with us you get hostile, violent, alienate, name calling, and then damage vehicles/property?!?
GM did this all the wrong way, they are forcing EV’s upon the GM fan-base by stating that no ICE vehicles will be produced after 2035……. instead of creating ICE, Hybrids, and EV’s along side each other………the negativity that was brought from GM towards ICE vehicles and strictly pushing only EV’s was a sour taste in many people mouths, and here in MidWest we don’t have the surplus to handle a full fledge EV push…
I don’t see any politics here. You are the one who opened the political label “door.” All he did was simply ask a legitimate question about EVs that’s relevant to the article and discussion. I don’t see any violence, hate, or love here. Why did you feel a need to bring it up. Insecurity I guess, living in your mom’s basement and can’t get a girl?
“I thought you red hat people were all about freedom of choice?” who started the political stuff?
Your ALL WRONG, can we please leave politics out of it? This Lib vs Republican thing is getting as bad the racist wars in the 1950s and 60s used to be honestly it’s disgusting I don’t even watch or listen to the news anymore! Here is a question why don’t we all work together for the better of everybody instead of an eye for an eye.
@Miles
U obviously lack in comprehension skills. Reread what Dave posted. Then get back to all of us on whether what he wrote was political or not. Geezzz.
I’m a liberal? That’s news to me lol
@Dave
I feel sorry for you and the fact you admit it. Change is always good.
First is admission,
Then comes commitment/desire,
Followed by support,
Lastly perseverance/self determination
Good luck…you can do it!!
This prejudicially categorizes the portion of society not part of the cult of musk and the cult of trump as fallaciously related to both EV’s and violent acts — these are not related things. There is certainly a large overlap in a Venn diagram of categorizations as mentioned, but EV’s, politics, and criminal acts are not related causes of each other.
I whole-heartedly agree on your assessment the influence GM whiplash marketing tactics had on the distaste a large part of society has concerning EV’s. But it’s also important to understand they (and all automakers) were responding to a sudden and extreme global market desire for EV’s as well as the extreme ridicule (driving stock prices) of companies like Toyota that didn’t provide overt commitments to electric vehicles (a stupid adolescent cult-like cancel-culture phenomena that has unfortunate real-world implications). Gas and diesel engines were never in danger of immediate extinction, and this talking point was a politicized response to companies trying to take advantage of the huge incentives to try and move our society past the addiction to fossil fuels.
There’s no way to count the thousands of times since the 70’s the phrase “eliminate dependance on foreign oil” has been uttered by everyone from politicians to environmentalists, but there was never a way to feasibly replicate and replace the products powered by burning oil that ran our society (though I have had battery-powered lawn equipment since the 90’s). Now we have the technology and capability to make products that can actually fulfill those goals, and it turns out (for the vast majority of those that have experienced them) electric vehicles are much more efficient and just better at everything than the gas equivalents, except (until the battery technology improves) the amount of storage required to produce the range desired, and possibly required, by a large number of potential customers.
An additional barrier, for those that haven’t lived with an EV, is the difficulty in portraying the change in thinking that comes with plugging in your car. Outside of road-trips, the ability to charge when you are not using your vehicle becomes the ultimate convenience. Your car becomes more like a phone, and less of a complex machine that needs constant care and attention.
As for the lack of electricity in the US Midwest; there is much more than the political talking points would have you believe. There is no sudden need that will crumble the electrical grid and as renewable energy expands across the nation, the capacity to fuel vehicles and power more electrical appliances will grow as well. Most negative “reports” would have you believe that every electric vehicle needs to replenish a completely empty battery every night, but the reality is much, much different. In my household, using an EV for a short commute weekdays requires me to plug in once per week and within a couple hours each Friday it is full again.
As an example of benefits to both consumers and businesses, imagine driving 25 miles to the store using 6kWh’s of electricity in your EV, and the store has complementary 6kW Level 2 charging at all their parking spots (a very low charging speed that is inexpensive for businesses to install and operate). You plug in and spend an hour shopping, and you have just replenished enough power to make your drive to the store free. Stay an additional hour and your trip home is free, and the store has only spent about $1 (the cost of the electricity) to keep you there buying things for 2 hours.
So to end this novel (that I really didn’t intend to write), there are so many positives to owning an EV that are hard to portray to those that are holding an idealogical grudge against them. I, like many others, have been waiting since the 70’s for viable EV’s and I believe every 2-car family should have 1 EV to try out living with them (used ones with unbelievably advanced features are very cheap). I have done this for the past 2 years, and now I’ve been working hard to get rid of my remaining gas vehicle. I recently upgraded to a hybrid with the intention of trading with one of my kids without a house to charge at, then I’ll use their old car as a trade-in for my next EV. I will probably keep the hybrid for another year to allow for easier road trips and for the EV I really want to be produced, but I am so eager to get rid of dealing with gas and oil – not to mention my wife’s EV is so, so much nicer to drive. I love the super-smooth neck-snapping acceleration and look for every excuse possible on weekends to drive it.
No EV has ever betten a Camaro SS on the nürburgring
No EV has won TFL’s IKE test
No EV has won a Baja
No EV has one the Lamans
No EV has won pikes peak
No EV has completed the cannonball run
How are they better? Everything I’m seeing is they are worse at every single measurably metric, and even their economy is fudged numbers.
To reply to Steve 29’s boneheaded (and probably sarcastic) comment:
The Pikes Peak RECORD was set by an EV. In 2018. Hyundai brought 3 last year – which all completed the full course, one of which setting another(though not overall) record – and our good friends at Ford look set to reset the overall record this year with the Supertruck, which won last year’s event despite stopping for thirty seconds on track.
And to refute the first point, the Camaro ZL1 1LE laid down a 7:15 at the Ring. The Rimac Nevera did a 7:06. Granted, one is a hypercar and the other a spiffed-up muscle car, but the Porsche Taycan has also done a 7:07.
Do some research next time.
@TNTSIERRA
I’m curious about the source of your information.
General Motors, along with other legacy automakers, is currently lobbying the government regarding California’s upcoming regulations for vehicles in 2035. However, it’s important to clarify that this isn’t actually a ban on internal combustion engines (ICE). The regulation simply states that all vehicles from 2035 and onwards need to be electrified, which means they must have at least a plug in hybrid system.
So could you please explain how GM’s lobbying efforts are against their ICE vehicle fan base HaHa
They don’t want to be even All Plug in Hybrid at a bare minimum by 2035 but you are telling us they will be ALL BEV’s by 2035 and they are shoving it down your throat?
In Canada it sound like a ban on new internal combustion completely.
The new PM said no new internal combustion or hybrid vehicles after 2035. (I haven’t heard clarification if plug in hybrids or EREV are options)
Of course the company he used to chair has investments in EV charging infrastructure, so we know why he’s pushing for it. lol
@Momolos
Do a quick Google search and you will see that Mary Barra wants GM to be fully electric by 2035. She has stated this countless times and was PUSHING it hard in 2021 when the “dementia ” patient came into office.
Not that it matters or that it’s any of your business but I’m a proud Republican. You people who wear those red hats are not like, you guys are cultists who treat a certain someone like a deity despite claiming to be Christian. It’s embarrassing that you associate yourselves with our party as you guys truly are the worst of the worst. I’ll ask again, why do you preach freedom of choice but cry whenever EVs get mentioned? Are you only in favor of freedom of choice when it’s something you agree with?
Dave. Freedom of choice is not subsidies for electric vehicles. Subsidies paid by tax credits.
If they stand by themselves, nobody cares. Good luck finding a charging station without subsidies somehow involved.
IDK, oil & gas exploration companies happily accept their subsidies. Not to mention all the externalities that ICE vehicles are causing. If you don’t believe in climate change you should at least have the decency to admit that idling your truck for AC in the pick up line at school is causing an externality in terms of air pollution near everyone’s children. It’s not “freedom of choice” and “free market” if one side of the equation are allowed to pollute and harm others free of charge. Subsidies (and carbon taxes) are a way of levelling that playing field. In my theory of government this is a big chunk of what governments should be doing to help societies avoid coordination problems. Prisoner’s dilemma is why we can’t have nice things.
Buddy, I don’t admit that at all because the emissions of a gas car are water and plant food. All I get from you is your off your rocker! Emission requirements require gas engines to have less PPM than you’ll find on a typical city street from basic city living. All I hear coming out of your mouth is “I’m superior, I drive the right car, you drive the wrong car, so do what I say urchin!” As far as ecology goes, I’m pretty sure I’m ahead of were keeping score cause I actually keep a couple hundred acres clean and producing food for humans and food and shelter for animals.
The subsidies are there to pay for the research and development, as well as huge capital costs, to bring new technology that benefits everyone (whether you have or care about EV’s or not).
Government’s job is to collect taxes and fund activities that are beneficial to society but not commercially viable (and may never be, but ideally for an initial transition period). This includes tons and tons of things like research and development in all kinds of industries from medical to petroleum that people oppose in one form or another, but elected government representatives have deemed beneficial or necessary.
The percentage of the budget advancing charging infrastructure research and production (wired and wireless) as well as better battery technology (for EV’s, resilient power grids, and virtual power plants) is ridiculously small compared to all the money funneled to other global interests that are much, much more controversial. The electric vehicle incentives are a small portion on the backend of the sale to both promote and reward those that choose to use this new technology.
In the “carrot or stick” approach (incentive or penalty) the current administration is already switching from leading with benefits to punishing with penalties as they introduce national taxes that penalize EV and hybrid drivers at up to 10 times the rate which buying gas for horribly inefficient vehicles (drivers that would pay the most) would provide. I drive very little and already pay a state $225 EV penalty (in addition to other infrastructure penalties that make my annual registration $900) and now the federal government wants another $250 for one car and $100 for the other in their misguided flailing to try and add what amounts to government subscriptions to every facet of life.
I didn’t get any EV incentive for my car (thanks to Manchin) and neither have many other EV owners. In the big scheme of things, they are trivial, well-funded, and reward US efforts to advance technology and production.
@Robert Richardson
Very well said.
It is feeling that most here not all that oppose BEV’s has absolutely NOTHING to do with the Tech switch from ICE but all to do with bias brought on by Big Oil lies and even political bias as well. From both sides
I have stated this many times here that I can live to be 150 years old and I will never understand the why this certain Tech besides pretty much ANY other new Tech was weaponized by Politicians.
When you have the military basically stating that we need to control battery production and rare earth minerals here on US Soil but you still have people Politicizing this. It just boggles my mind.
This should be and should have been from the start a race to the TOP and a HUGE Patriotic movement for all Americans by our Government.
It should have been an all out race between us and China for Dominance!!!
Not sure many in the US understand quite how far behind we are to China in these matters. It is actually scary and our military has been worried for over a Decade now. Look to see what percentage of Batteries, rare earth minerals, and Magnets China controls in the World and then think about Military equipment and what they utilize.
But somehow this is still politicized by both sides for completely different issues.
Makes Zero sense at all. Will always make Zero sense
We are purposely shooting ourselves in the foot and losing. Insanity
This number should be small considering ICE has been around since 922 AD!! It’s a joke.
GM is so deep in this hole and have committed so many plants and resources to EV’s with so little return, it’s hard to see how it is a sustainable business model.
It isn’t Mel. Mary will jump ship and the GM boat will founder unfortunately for the employees. If it wasn’t for full size suv and pickup they would be kaput already
How having said that, I looked at a new Buick Envista yesterday. It was Ocean Blue and a very sleek classy looking car. The price was good, about $30k. With my GM discount and card points, I could have been on the road for around $25k after tax! Then I saw the mechanicals on the sticker. It is powered by a 1.2L turbo engine, with no other larger option. I thought that the 1.5T was small but this is tiny. I don’t know if I can do that.
Agreed. The Enclave has a beautiful interior, GM really knocked it out of the park with that one.
Next you will see Buick putting a lawn mower engine in it.
What do you have against Briggs and Stratton? My 1972 Lawn Boy runs like a top.
Some engines now come with throttle body injection, so it isn’t too bad… And a lot of reliability issues are cleared up with a fuel filter. -Just sayin’…
Problem with throttle body Injection is 0 lobe separation angle, so poor exhaust scavenging, so a much larger thirstier engine for same power output. It’s being used in smaller engines that were carbarated, but port or even direct injected is way better.
Guess you’ll need to ask all the buyers of the Chevy Trax, the best selling vehicle in the segment where GM also has the largest market share. But then again, online opinions are just that, nothing more.
Data matters.
I agree that EV will be the long term success, but I do still have concerns: 1. am still not convinced that the maintenance costs are significantly lower. I agree they are today, however what happens to maintenance costs when battery packs have to be replaced? I can not be the first person that has this question. IF there are numbers please feel free to share them. 2. Cost of purchasing an EV: It is higher priced up front, so how can the overall cost of operation not be higher?
Plenty of examples of battery packs going long distances with mild degredation. The price/cost is relative. I would argue that one of the best deals today is a slightly used 1 year old EV that has taken a sizable depreciation hit…a 2024 Lyriq with less than 10,000 miles can be had for $40k, or want more of a proven vehicle reliability a 2024 Model Y long range for $35k…they still fetch $15-20k with 100,000+ miles on them…hard to go wrong on the value equation. Nothing is a sure thing, but the risks of trying something new seem really low to me…let depreciation be your best friend.
@Bob Buick should be what it was years ago one step behind Cadillac, my father who is 78 years old now always referred to Buick as a baby Cadillac. Buick needs a car sedan and coupe even if they don’t sell…don’t get my wrong I love SUV type vehicles but we need choices and a bigger engine or hybrid options not everything EV and tiny engines.
I agree. Bring back the Deuce and a Quarter with the plush, pillow seats and the AC vents for my private area. I could ride the great American road all day. The seats in today’s Buick Hyundais squish my legs. Like sitting on a bar stool with arms.
In my opinion GM and especially Cadillac is making a big mistake by discontinuing good selling ICE vehicles like the XT5, XT6 and CT5 and relegating Nex Gen XT5s and CT6s to China only status. I believe there are still plenty of traditional Cadillac customers, like me, who don’t want EVs. It feels like Cadillac is leaving us for dead.
We’re not being left for dead. Simply if they don’t have what I am looking for someone else will. Genesis, Lexus, Acura, and even Lincoln (for nowbut the Chinese Nautilus is up in the air) will happily sell me an ICE luxury crossover. If Cadillac chooses not to, that’s on them and its their loss. They can assume the market wants something but it doesn’t make it true. And like I said before, at the end of the day, Darwin has a job to do. And if they refuse to cater to the market the market will simply forget about them.
The Lyriq outsold the XT4, 5 and 6, not to mention that it crushed the sedans combined. I love lower, lighter cars with all my heart, but calling them an easy sales win is just misinformation.
90% of 10% ….. can someone do the calculus for us ?
LOL !
GM should of kept the chevy volt even tho the profit margin was in the negatives it gave the customers a true bargain ! I read stories of owners that went over 2000 miles without using a drop of gas ! You could do this just have to exercise the gas powered engine once in while ! You can still find. good used ones and there very affordable !
It might sound strange, but I’m excited for EVs despite the abysmal numbers because the companies did not crack the code yet on making a successful version. This is when car makers need to revisit the drawing board. What do people want? They were already offered the econobox (Smart Fortwo), the luxury sportscar (Model S/Air), the truck (Lightning, Sierra), the CUV (Equinox), and the monster SUVs (Hummer).
Some liked these various designs, but they have not caught on for one reason or another. One is too big, another is too pricey, and another is too small. The problem is they’re all designed with existing ICE concepts in mind. When Lee Iacocca came to Chrysler, he came up with the minivan. He didn’t beat the drum on existing designs. Today EVs need a new design that fits all of its strengths while mitigating its weaknesses.
EVs need to be lighter. This will increase range, which means fewer batteries per pack and a lower cost. They also need to be more efficient. An EV twice as efficient can go twice as far. That cuts the battery pack in half and the price by at least 1/3rd. If enough people can afford to buy it, then the economies of scale will kick in and it will be unbeatable in price and range. People will naturally want them because it will undercut ICE in price. This can happen if the right visionary takes the stage.
Light EV doesn’t increase range. Go back to newtons laws. An object in motion stays in motion. An EV range is limited by aerodynamics/motor efficiency/battery size. Regenerative braking means they’ll do good in city regardless of weight. Your at peak EV tech right now. The solid state batteries coming out are showing little to no improvement on power density and costs. This is what you get, maybe a 10% improvement here or there, but no more leaps until a quantum sub nuclear battery or whatnot.
Newton’s law that objects in motion stay in motion applies in a vacuum without any resistance. But we have resistance everywhere from the air to the tires on the road to the mechanical parts moving against each other, which is why his second law is that heavier objects need more force to move than lighter ones. Think of how much torque and hp is needed to get vehicles to move quickly. A Chevy Silverado needs a lot more power than a Chevy Spark. Lighter cars can make do with less torque and accelerating power and therefore lighter EVs can move with less energy required to initiate that movement.
How the F is 9% considering buying an Ice next mean 91% will only buy EV???? Doesn’t every single study you see these days have a portion of “no idea” respondents? Should we start calling this forum GMSNBC? I really can’t wait for the realigning that’s coming as in a few years we can all look back and laugh at this EV nonsense.
Fact is, EV’s will be on the chopping block as they cost too much, Tesla is the only company making a profit with them and only after tax credits, carbon credits and having the most out of date line on the market. ¢hin@ is up $h1t$ creek economically and will have to have all their automakers switch over to Yugos to stay alive, so in 5-10 years the last EV will be removed from the market.
Open a window, you’re losing oxygen in your basement.
GM is already making a profit on EV sales, especially with the Chevy Equinox EV, and will NOT kill their EV production at all.
I like the news I get from GM Authority. But this is the first time I’ve read this type of information. I usually read that 2/3rd’s of EV purchasers would never own an EV again and are planning to go back to ICE vehicles for their next purchase.
Yes, there are multiple studies with different conclusions. Here, we’re reporting on a study that claims most EV owners will stick with EVs. We are not endorsing any particular conclusion, simply reporting on the different studies’ findings and letting people decide which, if any, are correct.
If anyone made a legitimate hybrid (or EREV like the ramcharger) truck or large SUV, i think more would consider it. (Providing they don’t add a huge cost for it)
The old tahoe hybrid was rated at 22mpg city and 20 highway. That’s a huge improvement.
The cost of ICE vehicles, especially trucks, having climbed drastically in the past 10 years with little to show for it.
I’m sure it’s an attempt at helping EV’s “reach parity” to the cost of ICE.
F-150 powerboost and Tundra hybrid aren’t as significant of improvements in mileage i would have expected.
To spend practically Cadillac prices for a Chevrolet just because it has a battery pack and has less capabilities compared to its ICE equivalent I just don’t see the point. Even less hearing that their owners eschew them. Its not being anti-change. Its simply common practical sense. The new tech has to be better than the old tech in every way possible and EVs simply are not in their current state. A car is too big of an investment to simply overlook these realities.
Before somebody corrects me here, I just caught the mistake I made on the eschewing. Unfortunately this site doesn’t let you fix it. But the rest of my stance still stands.
For those fleet managers who favor EVs for their lower “cost of ownership”, I wonder if the measure of cost of ownership includes depreciation. I understand that the used car market has not been kind to elderly EVs.
McKinsey is the company that was used to start the corporate woke and DEI trends for the WEF. Take their advice with a grain of salt, just know where this comes from.
I have driven the 2025 Chevy Equinox EV for a week in Florida last month, and I saw close up the Cadillac Escalade IQ and the Optiq. I recommend everyone here go visit your GM dealer and do a test drive. You may not buy one but you will smile for a long time!
GM is putting its eggs in the wrong basket. I need to purchase another car -used Teslas (fell in love with a Model S long-range plus) are steals now- and did a lot of research. Too many really strong negatives:
– limited mileage (impossible for trips)
– China controls metals
– Long charge times
– *Very* disruptive to indigenous populations around the world
– In winter and stormy weather, the electrical grid has been down for days
– They are not cold-weather vehicles
– They are just not good for people and the environment.
(The car i want is for a vacation home and would be idle all winter. EV cars are excellent for long term storage compared to ICE vehicles but the stuff that is coming to light with the Greenies are out of power (I am not in GOP) shows how we are having the wool pulled over our eyes. Sorry, no EVs for me.)
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What “stuff is coming to light” because you had a beanie from a Greenie stuffing wool in your eyes? You think there’s been some longstanding government conspiracy that has affected your life in unimaginable ways?
What are the combined sales of the models listed above? And dare I ask, what is the combined profit/loss? BrightDrops are (barely) sold, even with thousands off.
I’m environmentally-friendly, but I’m sorry, I don’t believe most EVs actually end up cutting carbon emissions. For example:
If someone lives in an area where 10 Gigawatts are generated by wind/solar, how many GWs will be used with 0% cars on the grid?….10 GWs. OK, now if 100% of cars are EVs, how GWs are green?….um, 10 GWs. Adding EVs to the grid does not mean more green energy is produced. Input versus Output. The only way adding EVs to the grid would not actually expand the fossil fuels used for the grid is if all non-EV items could be covered by the green portion of the grid, plus some. Currently I doubt any green energy on a grid goes unused, even without EVs, so adding EVs does not in fact, add green energy to the grid or use green energy that would otherwise go unused.
Not to mention line loss, cold weather issues, overdependence on the grid and potentially other countries, which several groups have an interest in taking down….
Non-plug-in hybrids actually reduce carbon emissions contrasted with their non-hybrid counterparts….not that I own one.