There’s a bit of a disturbing trend in the automotive world right now. Several traditional automakers are suddenly easing off the electrification accelerator in response to a perceived slowdown in EV interest and sales.
Whether that slowdown is real or just growing pains, the result is the same: Automakers are reacting. Major manufacturers are backsliding on their once-aggressive timelines for full electrification, and what was shaping up to be a largely electrified transportation landscape by the end of the decade is now looking like more of the same.
To be clear, progress is still being made. EV sales are up overall, and the transition away from internal combustion and its associated carbon dioxide emissions is happening, just with a little less momentum than once predicted.
Which automakers are walking back EV goals?Ford, the best-selling automaker in the U.S., is among the most recent and most notable players to shift its electrificatio... Read more