The US turns it back on electric vehicles
America’s electric vehicle boom is losing momentum. Ford halts production of the electric F-150 Lightning, Volkswagen stops building the ID.4 in the US, and Stellantis shelves its electric RAM pickup. After investing billions in EVs, automakers are pivoting back to combustion engines — even as oil tensions push fuel prices higher.
Why is the US moving against the global shift toward electrification? And could it give China a bigger advantage in the future of the auto industry?
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