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Automakers Are Backtracking on EV Plans: Here's the Electric Vehicles That Were Prematurely Canceled
Automakers are limiting production of affordable electric vehicles, raising prices, and favoring higher-margin premium models as EV sales dynamics shift, Kelley Blue Book reports a 48% drop in Cybertruck sales.
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All the wrong EVs are getting canceled
A Tesla Cybertruck gleaming in the lot of the Tesla showroom in North Hollywood, Los Angeles, on March 29, 2025. | Photo by Simone Lueck / The Verge These past few weeks have been particularly brutal for the EV industry - and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree, killing a host of promising new models. The EV graveyard grows bigger by the …
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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