Why are US automakers abandoning electric vehicles? Explained

Ford cancelled its planned three-row electric SUV in August 2024 after delays and profit concerns.

General Motors delayed the launch of a new Buick electric SUV in July 2024.

Volvo reduced its plans to sell only electric vehicles in the U.S. in September 2024.

Dodge cancelled its planned electric Charger and electric Ram pickup truck in 2025.

The Trump administration removed the federal EV tax credit and weakened tailpipe emission rules, reducing EV sales.