Part 9/13:
The U.S. government’s recent policy reversal illustrates the volatility facing domestic EV adoption. What was supposed to be a boost—federal incentives—has now been withdrawn almost overnight. Such changes threaten to limit the growth of EV sales domestically and give China even more room to expand. Conversely, China continues to scale up production and market share, exporting millions of EVs worldwide, including to Europe, Latin America, and Southeast Asia.