Mar 13, 2024 03:05 AM
CHINA
One in Five of China’s Electric Car Owners Wouldn’t Buy Another Due to Charging Problems, McKinsey Report Reveals
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
A supercharging station in Chongqing on Feb. 28, 2024.
A report by McKinsey China has shown significant disillusionment among Chinese electric car owners in 2023, with 22% stating they wouldn’t consider new energy vehicles (NEVs) for their next car. This figure starkly contrasts with the mere 3% recorded in 2022.
The recent findings mark the first decline in new energy vehicle adoption in a decade, signaling a notable shift in consumer sentiment towards electric vehicles.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新