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Updated · Bloomberg · Jun 16BloombergNEF Cuts US EV Sales Outlook to 17% by 2030 as Policy Support Recedes
1 articles · Updated · Bloomberg · Jun 16Summary
- 17% of US passenger-vehicle sales are now projected to be electric in 2030, down from BloombergNEF’s 27% forecast a year ago.
- US policy pullbacks on EV adoption drove the downgrade, marking the second straight year BloombergNEF has lowered its demand outlook.
- 48% was BloombergNEF’s 2024 projection for 2030, underscoring how sharply expectations for the US EV market have deteriorated.
Insights
With global EV adoption surging, is the US auto industry sacrificing long-term competitiveness for short-term adjustments? Can a new wave of affordable models revive the US EV market without government consumer incentives?