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The Future for EVs in America Looks Grim. But the Auto Industry Isn’t Giving Up

Ford and Hyundai continue large EV investments despite federal policy rollbacks, with Ford planning a $30,000 EV pickup and EVs currently making up 10% of US car sales, officials said.

Summary by KIFI
By Chris Isidore, CNN (CNN) — Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s incentives for the technology. The near future isn’t looking too pretty. The end of the $7,500 federal tax credit for EVs is expected to send sales plunging in the coming quarters and perhaps years. But the global auto industry …

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The future for EVs in America looks grim. But the auto industry isn’t giving up

Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s incentives for the technology.

·Atlanta, United States
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Only a few years ago, the North American automotive industry had a vision of a completely electric future. Since then, it has abandoned this idea after the Trump government has eliminated the federal government's incentives for technology. The next future does not seem promising. The end of the federal tax credit of US$ 7,500 for electric vehicles should make sales disappear in the next quarter and perhaps years. But the global automobile indust…

·Brazil
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CNN broke the news in Atlanta, United States on Monday, October 6, 2025.
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