is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State.
Electric vehicles are at a crossroads. Sales are still going up, but many automakers are canceling or delaying new models, worried by recent policy moves that will make EVs more expensive to own.
Every day seems to bring fresh news of a delayed EV or a timeline that’s been pushed back, as automakers struggle to adapt to this newly volatile environment. President Donald Trump’s tariffs aren’t helping much, nor is the recent passage of his $3.4 trillion “big, beautiful” budget bill, which takes a sledgehammer to most EV incentive programs. And Trump’s decision to reverse tougher emissions rules passed under former President Joe Biden is just icing on a pretty unappetizing cake.
Expect a big push by car dealers to sell EVs before the $7,500 tax credit ends in September. But after that, the future looks dicey. Many car companies are still assessing the damage, but delaying future models seems like the most popular move right now.
“Today’s escalating challenges could be deemed insurmountable”
“Automakers that delayed launches over the last few years might have benefited from monitoring the market; however, today’s escalating challenges could be deemed insurmountable, likely resulting in more outright cancellations if the models lack a future abroad,” says Ivan Drury, director of insights at Edmunds.
To be sure, EVs are absolutely here to stay. 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.
But in the interest of clarity, let’s do a run down of all the models’ uncertain futures.
Ferrari
Ferrari pushed back plans to launch its second fully electric vehicle, according to a report from Reuters, with an anonymous source noting that there is “zero” demand for high-performance electric cars right now.
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