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Showing Original Post only (View all)The great EV pullback has begun (The Verge) [View all]
https://www.theverge.com/electric-cars/700767/ev-cancel-delay-tax-credit-nissan-honda-teslaPosted in GD for its general impact.
Electric vehicles are at a crossroads. Sales are still going up, but many automakers are canceling or delaying new models, worried by recent policy moves that will make EVs more expensive to own.
Every day seems to bring fresh news of a delayed EV or a timeline thats been pushed back, as automakers struggle to adapt to this newly volatile environment. President Donald Trumps tariffs arent helping much, nor is the recent passage of his $3.4 trillion big, beautiful budget bill, which takes a sledgehammer to most EV incentive programs. And Trumps decision to reverse tougher emissions rules passed under former President Joe Biden is just icing on a pretty unappetizing cake.
Expect a big push by car dealers to sell EVs before the $7,500 tax credit ends in September. But after that, the future looks dicey. Many car companies are still assessing the damage, but delaying future models seems like the most popular move right now.
Automakers that delayed launches over the last few years might have benefited from monitoring the market; however, todays escalating challenges could be deemed insurmountable, likely resulting in more outright cancellations if the models lack a future abroad, says Ivan Drury, director of insights at Edmunds.
Every day seems to bring fresh news of a delayed EV or a timeline thats been pushed back, as automakers struggle to adapt to this newly volatile environment. President Donald Trumps tariffs arent helping much, nor is the recent passage of his $3.4 trillion big, beautiful budget bill, which takes a sledgehammer to most EV incentive programs. And Trumps decision to reverse tougher emissions rules passed under former President Joe Biden is just icing on a pretty unappetizing cake.
Expect a big push by car dealers to sell EVs before the $7,500 tax credit ends in September. But after that, the future looks dicey. Many car companies are still assessing the damage, but delaying future models seems like the most popular move right now.
Automakers that delayed launches over the last few years might have benefited from monitoring the market; however, todays escalating challenges could be deemed insurmountable, likely resulting in more outright cancellations if the models lack a future abroad, says Ivan Drury, director of insights at Edmunds.
Springtime for Rolling Coal?

Right-Wing Drive?
47 replies
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Solid state EV's will be available right around the time Trump leaves office.
Fiendish Thingy
Jul 12
#5
The subsidies, IMO, are to encourage non-polluting vehicles (which is why Trump is removing them) and
usonian
Jul 12
#9
Even though you would save $3500 per year on gas, you wouldn't have bought an EV without a $7500 tax credit
MichMan
Jul 13
#20
Yes and the student loan for the totally unnecessary degree I was required to get to keep my job..
haele
Jul 14
#45
If your degree was as useless as you describe, just how does it benefit the general public, both now and in the future ?
MichMan
Jul 14
#46
How about the subsidies for the oul and gas companies which dwarf the ev subsidies
mahina
Jul 13
#36
price sells cars. lower the price enuff and they will fly off the lots...so to speak nt
msongs
Jul 12
#7
If the UAW wants to compete, they can either cut their wages in half or face plant closings, right?
MichMan
Jul 13
#19