The author drives a 2026 Chevrolet Equinox EV on a roughly 230-mile trip from San Francisco to Reno, finding long-distance EV travel far easier than it was in 2020. Yet US new EV sales have stalled, falling to their lowest level since 2022 according to Kelley Blue Book, while European and Asian markets are growing strongly and EVs account for up to 60% of new vehicle sales in China. The Here-SBD EV Index 2026 found that 85% of respondents rated charging infrastructure as good or very good, up from 72% last year. The article attributes the slump largely to Trump administration policies, including the end in 2025 of the federal tax credit worth up to $7,500 for new EVs, and to tariffs that raised vehicle and parts costs.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: EVs Are the Future , No Matter How Far America Falls Behind
Read the original on cnet.com ↗
Keywords
electric vehiclesDonald TrumptariffsChina
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.71 |
| Change that session | +1.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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