Full EVs will make up 7 per cent of sales in 2026.
Kana Inagaki | Financial Times | October 25, 2025
EV-related investments, which span batteries, vehicle assembly and charging equipment, tumbled by almost a third to $8.1bn in the three months to September compared with a year earlier, according to US Clean Investment Monitor, a database created by Rhodium Group and the Massachusetts Institute of Technology.
Between April and September, about $7bn of planned EV investments were ditched, the data showed. Executives and analysts said the rolling back of support in the US had the potential to define the industry in coming years, strengthening China’s hand in the EV race and sowing doubts in the EU over its ban on sales of internal combustion engines from 2035.
