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US Business · businessinsider.com · Wednesday, 15 July 2026

U.S. EV sales tumble 27% as automakers scrap flagship electric models

U.S. EV deliveries plunged 27% in Q1 2026 after a 46% drop in late 2025, prompting Ford, Nissan, Acura, Volkswagen and others to cancel or pause key electric models. The retreat reshapes dealer inventories but automakers still promise next‑gen EVs that are cheaper and longer‑range, betting on a future rebound.

Read the source: businessinsider.com ↗In the 15 July issue →