All the wrong EVs are getting cancelled

"These past few weeks have been particularly brutal for the EV industry - and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree, killing a host of promising new models. The EV graveyard grows bigger by the minute."

"And unfortunately, as is often the case, much of the focus seems to be on affordable models that had the potential to attract new customers. Meanwhile, ugly EVs that cost too much and do nothing to move the needle on EV adoption continue to darken our highways."

"None of these vehicles were perfect, but they seem to represent a pattern of automakers doing away with lower priced, lower margin EVs in favor of big, expensive ones."

The electric vehicle industry faces significant challenges as automakers cancel affordable EV models due to slowing demand and policy uncertainty. Vehicles like the Volvo EX30, Chevy Bolt, and Nissan Leaf's entry-level trim are being discontinued or limited in availability. These affordable models represented opportunities to attract mainstream consumers to electric vehicles. Meanwhile, expensive, less practical EV models continue production despite contributing minimally to broader EV adoption. This pattern reflects automakers prioritizing higher-margin vehicles over accessible options that could drive mass-market transition to electric transportation.

Read at The Verge