The New York Times|1 minute read
Electric Vehicles Take a Hit: A Dreadful Year Ahead in the U.S.
TL;DR
2025 is set to be a catastrophic year for electric vehicles (EVs) in the U.S. as automakers struggle with:
- Declining demand and profitability issues.
- Major players like Nissan and Ford are pulling the plug on models.
- Challenges from rising costs and lack of subsidies.
- Potential fallout on stock prices and market stability.
As the landscape shifts, it raises questions about the future of EV adoption and which manufacturers will survive. Here's the full scoop.