EV Market Faces Shifts in 2025 With New Models and Political Uncertainty

Electric vehicle adoption slows in the U.S., but global trends and new models signal continued innovation and competition.

Global EV sales are projected to grow, with China leading the charge as half of all new cars sold there are battery-powered, while U.S. adoption lags behind other markets.
The incoming U.S. administration may cut EV tax credits and charging infrastructure funding, potentially impacting domestic adoption rates and automaker strategies.
Automakers are launching diverse EV models in 2025, including luxury SUVs, high-performance sports cars, and affordable options, with some offering deep discounts to attract buyers.
Chinese automakers are expected to expand their presence in the U.S. market despite potential tariff threats, leveraging social media campaigns and advanced EV technology.
Tesla's charging standard (NACS) is being adopted by other automakers, simplifying EV charging and potentially boosting consumer confidence in the infrastructure.