The Global EV Boom Hits a Shock Roadblock — and It Starts in America

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BloombergNEF cuts EV forecasts again as U.S. policy shifts weaken demand, despite continued growth in China, Europe, and emerging markets.

The EV Outlook Has Been Cut Again

America Is the Main Shock

The 2030 US Forecast Has Dropped Hard

Global Sales Are Still Growing

The 2030 Global Forecast Is Lower

Automakers Are Pulling Back

The Losses Are Getting Harder to Ignore

China Is Still the Center of the Market

Affordability Remains a Barrier

The Transition Is Slower, Not Over

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The electric vehicle boom is still moving forward, but the road ahead now looks rougher than it did just a year ago. BloombergNEF’s 2026 Electric Vehicle Outlook still expects record global sales, yet it has cut its EV adoption forecast for the second year in a row.

The pressure point starts in the United States. BloombergNEF says the rollback of federal support, weaker regulation, and softer demand are now reshaping the global picture, even as China, Europe, and several emerging markets continue to push EV sales higher.

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