
The great EV pullback has begun
Andrew J. Hawkins
created: July 11, 2025, 4:38 p.m. | updated: July 11, 2025, 6:25 p.m.
Many car companies are still assessing the damage, but delaying future models seems like the most popular move right now.
As many surveys have found, once you go EV, you’re less likely to ever go back to internal combustion engines.
Drury notes that nearly half the time (45 percent) an EV is utilized as a trade-in at a dealership for a new vehicle, the purchase is for another EV.
NissanNissan is cutting production plans for its refreshed Leaf EV and is delaying two EVs that were scheduled to be built at its Canton, Mississippi, plant.
Meanwhile, China’s EV market continues to grow.
1 month, 2 weeks ago: The Verge