Electric vehicle (EV) sales in the US are facing a significant slowdown, with a recent forecast indicating a drastic drop in projected sales by 2030. According to the revised prediction, EVs are expected to account for just 17% of new car sales by 2030, down from a previously estimated 48%. This sharp decline raises concerns about the pace of the US transition to electric vehicles and the impact on the country's efforts to reduce greenhouse gas emissions. As the EV market cools down, manufacturers and policymakers will be closely watching the developments to understand the underlying factors contributing to this shift and how to adapt to the changing landscape.
US electric car outlook tumbles as 2030 sales forecast falls from 48% to 17% The Cool Down
