The U.S. auto market is hitting a turning point as electric vehicle momentum starts to slow. Major automakers are delaying EV rollouts and shifting focus back to hybrids due to high costs and weaker-than-expected demand. At the same time, new affordable electric models are being introduced to win back buyers, showing the market is far from stable. Industry experts now warn that the EV transition will take longer than predicted, with hybrids playing a bigger role in the near future.
Is the electric revolution losing steam, or just getting a reality check?
Is the electric revolution losing steam, or just getting a reality check?