GENERAL
The Great EV Reset: How Economic Realities and Policy Shifts Stalled the Electric Vehicle Revolution
The electric vehicle revolution, once deemed inevitable, is stalling in Western markets due to a harsh collision with economic realities and policy shifts. Automakers are grappling with billions in losses, consumer resistance over high costs and depreciation, and the withdrawal of crucial government subsidies. This global fragmentation sees a booming, subsidized Chinese market contrasting sharply with a skeptical West, forcing a strategic reset for the entire industry.