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

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.