A new McKinsey & Co. survey has revealed rather shocking results. Among the survey’s respondents, which are comprised of 30,000 individuals who regularly use mobility, 29% of EV owners globally are likely to switch back to an internal combustion engine-powered vehicle. In the United States, the number was worse, as 46% of McKinsey’s respondents stated that they are likely to switch back to ICE.
McKinsey provided several reasons behind the rather shocking findings. According to the global management consulting firm’s findings, EV owners who are looking to switch back to combustion-powered cars have several reasons, the most notable of which are subpar charging infrastructure, the total cost of EV ownership being too high, and driving patterns on long-distance trips being too impacted.
These reasons are quite interesting because they have generally been addressed by electric vehicle leaders such as Tesla, which started building out an expansive, reliable rapid charging network across the United States since the days of the early Model S sedan. It was then unsurprising that the findings of McKinsey’s study have been received with skepticism by electric vehicle advocates.
In social media platforms such as X, avid EV fans have noted that the survey’s findings are quite interesting because they do not reflect their everyday EV ownership experience. One of the most notable points surrounding EVs, after all, is the idea that drivers who experience electric vehicles typically don’t go back to combustion-powered cars. This was the whole idea behind the Tesla community’s “butts in seats” efforts in the past.
It was not just members of the electric vehicle community that were surprised by the results of the survey. In a comment to Automotive News, Philipp Kampshoff, leader of McKinsey’s Center for Future Mobility, noted that he did not expect such a large number of respondents to state that they would likely shift back to a combustion-powered car. “I didn’t expect that. I thought, ‘Once an EV buyer, always an EV buyer,’” he told the publication.
Other notable findings from McKinsey’s survey suggest that car buyers are quite interested in electric vehicles, with 38% of respondents globally who are currently not driving an EV stating that they would consider a battery electric vehicle or a plug-in hybrid as their next vehicle. A respectable 59% of EV buyers would also like to use more digital connectivity services in the future.
McKinsey & Co.’s survey can be viewed below.
Mobility Consumer Pulse 202… by web-producers
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Starlink gets green light to launch internet services in Vietnam
Vietnam has given Starlink the green light. With mobile & aviation plans in the mix, SpaceX continues its push into Asia.
Starlink received the green light to launch its internet services in Vietnam.
The Vietnamese government noted SpaceX’s permission to launch Starlink services in the country is on a trial basis. Starlink’s trial period will last until the end of 2030. SpaceX has a subscriber limit of 600,000 within the trial period.
SpaceX can provide Starlink’s fixed and mobile internet service plans throughout Vietnam. It may also offer Starlink Aviation service plans.
According to Reuters, the Vietnamese government noted that there is no limit to foreign ownership of a service. It is uncertain if SpaceX has applied for a license to launch Starlink services in Vietnam.
Vietnam’s decision to permit Starlink services in the country differs from Italy’s decision to pause discussions regarding SpaceX’s internet service. According to Italy’s Defense Minister Guido Crosetto, discussions of a Starlink deal with SpaceX have “come to a standstill. Crosetto cites the controversy surrounding Elon Musk as the reason for the pause on a Starlink deal. Italy was discussing a potential $1.6 billion, 5-year Starlink contract with SpaceX.
SpaceX is also trying to launch Starlink in India. The aerospace company has already signed deals with two of India’s top telecom companies for Starlink services. However, Starlink is still waiting for regulatory approval.
While waiting for regulatory approvals and license processing, SpaceX continues to improve its Starlink services. Recently, news broke that the Elon Musk-led company has plans to launch a new Starlink dish with gigabit speeds.
News
Tesla UK celebrates momentous delivery milestone
Tesla just delivered its 250,000th EV in the UK, marking a major milestone! The lucky owners? A family of four who got a Model 3.
Tesla recently delivered its 250,000th electric vehicle (EV) in the United Kingdom (UK). The American EV maker delivered its 200,000th car in the UK on March 28, 2024.
The 250,00th Tesla vehicle delivered in the UK was handed over to the Cotters, a small family of four with two children. The Cotters received a Tesla Model 3, showing that it still has a place among families.
Tesla UK sales increased by over 20% in February, with almost 4,000 units sold. Last month, the Tesla Model 3 and Model Y ranked second and third, respectively, as the UK’s most popular cars. The Mini Cooper was the UK’s most popular car in February.
Tesla’s brand in the United Kingdom appears untainted by the recent controversy surrounding Musk, leading people in the United States to vandalize Tesla vehicles, stores, and Superchargers.
In the United States, the FBI has created a task force to squash Tesla attacks and end the acts of “domestic terrorism.” At least four people have been arrested related to Tesla attacks, one of which drove a car into a group of people protesting in front of a Tesla store. The other three allegedly threw Molotov cocktails at Tesla vehicles, stores, and Superchargers.
Wall Street analysts have acknowledged the adverse effect anti-Tesla sentiments could have on the company stock. However, the Tesla attacks have little to no impact on analysts’ recent Tesla target price estimates or predictions.
A few analysts have reduced their Tesla price targets as the first quarter ends. Wells Fargo’s Colin Langan cut Tesla’s price target to $130, while RBC slashed it to $320. However, some analysts maintained their price target, like Canaccord Genuity.
“Our estimate is informed by our opinion that some consumers are delaying vehicle purchases to access the new Model Y and 4Q24 earnings call commentary regarding Model Y-related factory retooling limiting production…We wonder whether purchase decision delays and production limitations are being misinterpreted as halted overall momentum for Tesla,” Canaccord analysts noted.
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Here’s where Waymo is launching autonomous robotaxis next
Waymo has its sights set on three new U.S. cities in the months to come.
Google parent company Waymo has announced plans to bring its self-driving robotaxis to yet another U.S. city, adding to the list of those it plans to deploy the service to in the next several months.
On Tuesday, Waymo announced in a press release that it will be bringing its autonomous ride-hailing vehicles to Washington D.C. in 2026, after it recently announced plans to start deploying the services in Atlanta, Georgia, and Miami, Florida, sometime in 2025. The D.C. services will utilize the Waymo One app, unlike some of the cities which will roll out through a partnership agreement.
“Waymo One is making fully autonomous driving a reality for millions of people across the U.S.” said Tekedra Mawakana, Waymo Co-CEO. “We’re excited to bring the comfort, consistency, and safety of Waymo One to Washingtonians, those who work and play in the city every day, and the millions of people from around the world who travel to the District every year.”
The company says it plans to continue working closely with legislators on regulations needed to operate driverless vehicles in D.C. Additionally, Waymo says it’s currently operating over 200,000 fully autonomous, paid driverless ride-hails per week, as Tesla and others aim to enter the commercial robotaxi space in the coming months.
This video shows the strength of Tesla's vision-based approach.👀🤖
There are very few, if any, advanced driver-assist systems today that will be able to navigate a road like this without specific training.pic.twitter.com/sSAUhjYp7V
— TESLARATI (@Teslarati) March 5, 2025
Gonna be pretty tough to do the Waymo approach in a road like this.
— TESLARATI (@Teslarati) March 5, 2025
READ MORE ON WAYMO: Ex-Waymo CEO dismisses Tesla, Cybercab: ‘They’re a car company with a driver-assist system’
“I’ve experienced firsthand how safely the Waymo Driver operates around pedestrians, cyclists, and other vulnerable road users,” writes Jonathan Adkins, the CEO of the Governors Highway Safety Association. “Waymo has worked with GHSA and our first responder network as they’ve expanded their service, always putting safety first. As someone who walks to work almost every day, I’m excited to share the road with Waymo in Washington, D.C.”
Waymo also recently launched its robotaxi services will deploy in a partnership with Uber in Austin, Texas, where Tesla also has a so-called Gigafactory and plans to roll out its own robotaxi services later this year. The company currently operates paid driverless ride-hailing or early testing in the following cities, primarily in the U.S.:
- San Francisco, California
- Larger San Francisco Bay Area Metro, California
- Los Angeles, California
- Phoenix, Arizona
- Austin, Texas
- Miami, Florida (early pilot testing)
- Tokyo, Japan (early pilot testing)
The news also comes as Tesla aims to roll out its first unsupervised drives with its in-house Full Self-Driving (FSD) software this summer, along with rolling out initial robotaxi ride-hailing services. While the company doesn’t currently operate any paid ride-hailing like Waymo One, the company’s vehicles can generate real-time training data from drivers with FSD Supervised engaged.
Starlink gets green light to launch internet services in Vietnam
Tesla UK celebrates momentous delivery milestone
Here’s where Waymo is launching autonomous robotaxis next
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