Global buyers driven back to ICE vehicles as EV enthusiasm cools says EY research

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Global buyers driven back to ICE vehicles as EV enthusiasm cools says EY research

EY’s latest research shows global consumers are increasingly turning back to ICE vehicles as EV enthusiasm cools, driven by concerns over high upfront costs, charging infrastructure gaps, and uncertain resale values. While interest in electrification remains, buyers are becoming more cautious and pragmatic, slowing the pace of the EV transition worldwide.

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#internalcombustionengine #evmarket #icevehicles #automotivetrends #ev #electricvehicles #globalauto

👇Reference to the news/charts & videos used in this video:
https://www.carexpert.com.au/car-news/demand-for-evs-to-drop-as-buyers-return-to-combustion-cars-report https://www.ey.com/en_gl/newsroom/2025/12/global-consumers-driven-back-to-ice-vehicles-as-ev-enthusiasm-cools-ey-research

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