
Electric vehicles, the Goldilocks cars — they work only if not too cold or not too wet.
We may have hit Peak EV (Electric Vehicle).
Deloitte’s Global Automotive Consumer Study has just found a “rise in U.S. consumer interest in internal combustion engine (ICE) vehicles and a decline in hybrid and battery electric vehicle (BEV) purchase intent.” Interest in buying fossil-fuel cars rose nine points, to 67 percent, while interest in hybrids fell to 21 percent and in EV’s to 6 percent.
