Electric Dreams Crashing Down to Earth The US auto industry's electric vehicle ambitions are rapidly losing momentum as major manufacturers begin abandoning their plans for EVs in the American market.
Honda's Prologue, a model touted as a breakthrough, has been discontinued, but it's not alone – numerous other EVs have been killed off this year.
Several factors contribute to the industry's retreat from the US market. The expiration of the $7,500 federal tax credit significantly impacted EV sales.