As the world's transition to electric vehicles (EVs) gains momentum, a stark divide is emerging between nations that are embracing the shift and those lagging behind. A recent trend in the global EV market is taking on a K-shaped trajectory, with countries like Norway, the Netherlands, and Sweden leading the charge in adoption, while the United States appears to be falling behind. Despite the U.S. being home to some of the world's largest automakers, a combination of factors including high production costs, limited charging infrastructure, and a lack of government incentives are hindering the country's progress in the EV market. With the rest of the world rapidly closing in on its own EV targets, can the U.S. regain its footing and avoid being left in the dust?
Global EV market goes K-shaped as the U.S. gets left behind TechCrunch
