There is a steady drumbeat of bad news for the EV market as manufacturer after manufacturer cuts forecasts, lays off workers, idles battery and car plants while discounting the inventory to offset the loss of the $7,500 taxpayer subsidy. Couple that with half of the country dissing the owner of the most popular EV company and the on-going struggles with keeping chargers in working order and it seems like Waymo is the only real growth in the EV world. Here are some snippets from the news:
The growth rate for new EV sales in the U.S. dropped from 40% in 2023 to about 10% in 2024. In the second quarter of 2025, U.S. sales declined 6.3% year-on-year.
GM plans to lay off more than 3,300 hourly workers at plants across Michigan, Ohio and Tennessee starting in January. Of those, more than 1,700 are being laid off indefinitely, while more than 1,500 are expected to be called back in mid-2026. Ford is moving workers from the plant that makes the electric F-150 Lightning to a nearby factory that makes the more popular—and profitable—gasoline-burning version. Nissan has decided not to offer its Ariya EV as a 2026 model and Honda has halted orders of the electric Acura ZDX, which is manufactured by GM.
Porshe is facing financial decline due to a strategic shift away from rapid EV adoption, resulting in a recent quarterly loss, a profit plunge, and significant one-time costs of about $3.1 billion. This “EV reset” involves pausing new electric models, delaying some launches, and re-evaluating the strategy, driven by cooling EV demand, especially in the luxury segment.
Here in B’game my main interest is in making sure the goofy EV parking rules we see in places like Top Golf don’t proliferate. The whole row of spaces near the front entrance (probably 40 or so) are EV-only as is the front row of the lower parking lot. Why? Who knows? It’s not because of chargers because there ain’t no chargers for many of the spaces. Check it out. Parking discrimination!
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