Is our honeymoon with the electric vehicle finally over? A study found that one in five early adopters of EV cars and trucks are returning to gas-powered vehicles. As a result, used EV prices are freefalling.

The Journal Nature published a study revealing that of the folks who were early adopters of EVs in California (between 2012 and 2018), 20% of PHEV drivers have returned to fully gas-powered vehicles and 18% of full EV drivers returned to gas-powered–with their subsequent vehicle purchase.

https://www.msn.com/en-us/autos/news/buyer-s-remorse-why-are-20-of-early-ev-adopters-now-defecting-to-internal-combustion/ar-AA1gdLUa

Understanding discontinuance among California’s electric vehicle owners – NATURE ENERGY – https://www.nature.com/articles/s41560-021-00814-9