How the US got left behind in the global electric car race

Published: 10/5/2025
How the US got left behind in the global electric car race
The US lags behind in electric car sales compared to other global markets due to the expiration of a subsidy that lowered prices for electric vehicles. Policy support in the US has been weaker compared to countries like China and the UK, hampering adoption. The high average cost of electric cars and tariffs on vehicles made in China are additional factors influencing the market. Buyers' next moves will be influenced by how carmakers adjust pricing in response to the subsidy ending and tariffs affecting foreign cars.
How the US got left behind in the global electric car race | Nex-Gen News Network