AutoNation CEO Mike Jackson told CNBC on Tuesday he believes so-called range anxiety has become less of a worry for Americans buying an electric vehicle.
Concerns about how many miles could be driven before a battery would need to be recharged has long been considered a barrier for EV adoption. But in an interview on “Squawk Box,” Jackson said Americans have better understood how to maximize the benefits of electric vehicles.
“Range anxiety is dramatically disappearing because American ingenuity — they figured out how they live, how they’re going to use it, and it’s not an issue,” he said.
For the most part, people will be driving their electric vehicle for day-to-day trips, Jackson…