The electric vehicle market is experiencing a sharp downturn as automakers pivot away from battery-powered models toward gas engines and hybrids, reversing course under new regulatory pressures. Despite Tesla’s dominance in the sector, even its registrations have dropped significantly, signaling broader challenges for the industry. Analysts warn the shift could stall progress toward emissions goals and delay the transition to cleaner transportation. The move reflects a major realignment in automotive strategy amid evolving policy landscapes.
EV market faces long slog as automakers shift to gas engines, hybrids after Trump rolls back policies While most of the 35 brands selling electric vehicles saw big declines, Tesla’s registrations fell ...
