The Rest of the World Is Following America’s Retreat on EVs
- sciart0
- Oct 15
- 1 min read
Quick Summary of first link above:
General Motors announced a $1.6 billion charge because of sinking electric-vehicle sales, attributing the shift to reduced government subsidies.
Canada paused its electric-vehicle sales mandate for next year, and the EU is rethinking its 2035 emissions target for cars.
AlixPartners now forecasts electric vehicles will constitute 18% of new U.S. sales by 2030, half of its prior estimate.