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Survey — Only 0.5% of EV Owners Would Go Back to a Gas/Diesel Vehicle

Published · Updated · By Investus editorial desk (SUNRYU Partners)

A new survey found just 0.5% of EV drivers would replace their current EV with a gasoline or diesel vehicle if they had to buy another car today.

Survey — Only 0.5% of EV Owners Would Go Back to a Gas/Diesel Vehicle

Key Facts

• A new survey found that among current EV drivers, only 0.5% would replace their EV with a gasoline or diesel vehicle if they had to buy another car today

• That means an overwhelming 99.5% majority say they would choose an EV again

• Source: Sawyer Merritt (@SawyerMerritt), evwire.com

Background

In the early stages of EV adoption, concerns about "switching back" to ICE vehicles were often raised, citing charging infrastructure gaps and range anxiety. This survey shows that consumers who have actually owned an EV report very high satisfaction, supporting the view that such concerns haven't materialized into meaningful churn.

Investment Implications

Satisfaction/repurchase-intent surveys like this can serve as supporting evidence that the long-term demand base for EV makers (especially those like Tesla with high EV sales mix) remains solid. Combined with the earlier news about Model Y's #1 sales ranking in Europe and price stabilization, this adds to the case for a structurally durable EV demand story with limited churn. That said, limited detail on the survey's sample size and methodology means it should be treated as one of several demand indicators rather than standalone evidence.

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Disclaimer

This article is editorial research for informational purposes only. It is not investment advice, a recommendation, or a solicitation to buy or sell any security, and does not guarantee any return. Markets carry risk of loss. Verify figures against the primary sources before making decisions.

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