A sharp decline in consumer interest and shifting economic priorities could signal the end of the electric vehicle boom in the United States, according to new analysis. Rising interest rates, high upfront costs, and waning enthusiasm for climate-focused policies have combined to create a cooling market for EVs. Industry experts warn that without major incentives or technological breakthroughs, demand may never recover to previous levels. The shift raises questions about the future of both automaker strategies and government subsidies for green transportation.


US Demand For EVs May Be Gone Forever  24/7 Wall St.