Automotive News

The EV Boom Is Changing, and 100,000 Job Cuts Prove It

Global EV Sales Have CooledThe electric vehicle boom has hit a more complicated phase. After years of relentless growth, markets like the United States have shown their first signs of softening. Reports indicate EV sales dipped for the first time in years, a signal that early adopters have largely been captured while mainstream buyers remain cautious. Infrastructure gaps, pricing concerns, and charging anxiety are now more visible friction points.This cooling effect is not isolated. Automakers across the globe are recalibrating expectations. Even legacy brands that went all-in on electrification are tightening budgets and reassessing timelines. Cost discipline is becoming just as important as innovation. Layoffs, production adjustments, and delayed rollouts are now part of the conversation. The industry …


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Author: Leroy Marion

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