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More than half of Tesla owners switch to fuel vehicles. Tesla faces competition from traditional car companies

2024-08-05

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[SmartCar News] Recently, a study showed that in 2024, most Tesla owners gave up electric cars and chose fuel-powered models. Only 32% of Tesla owners chose to continue using electric cars. This trend echoes the latest survey results of McKinsey & Company, which pointed out that nearly half (46%) of electric car owners in the United States may return to the fuel car market when they buy a car next time.


Specific data shows that 51% of Tesla owners have switched to pure fuel vehicles, 10% have chosen mild hybrid models, and 6% have chosen plug-in hybrid vehicles. Although this phenomenon seems a bit worrying for Tesla and the entire electric vehicle market, it has actually improved compared to past data. According to Edmunds data, in 2020, as many as 76% of Tesla owners gave up electric vehicles and turned to the fuel vehicle market, while only 9% of owners chose other electric models. Fortunately, the proportion of abandoning electric vehicles has steadily declined in recent years.


The data shows that the percentage of Tesla owners abandoning electric vehicles is decreasing. This shift may indicate that the convenience of driving electric vehicles is increasing in North America. However, current statistics show that major improvements are needed to make electric vehicles more attractive. Another noteworthy phenomenon is that more and more consumers are replacing their Teslas with electric vehicles from traditional car companies. This trend is not surprising, because as other car companies invest more in electrification, Tesla is benefiting from the advantages of electric vehicles.pioneerparameterpicture) to transform into a competitor.

In addition, the data shows that hybrid models have not gained much traction as an alternative to Tesla. Although these models are becoming more and more popular among new car buyers, they seem to be less attractive to owners who have experience using electric vehicles. On the other hand, the proportion of Tesla owners who choose plug-in hybrids is significantly higher than the overall proportion of the plug-in hybrid market, which may be because these former electric car owners have mastered how to charge their vehicles better.