{
  "id": 12842696,
  "title": "Why EV sales are lukewarm in America, but hot in Europe",
  "url": "https://urgent.news/2026/10/08/why-ev-sales-are-lukewarm-in-america-but-hot-in-europe",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T10:18:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/whyev-sales-are-lukewarm-in-america-but-hot-in-europe-4938334"
  },
  "original_language": "en",
  "account": "Since a key federal subsidy expired a year ago, American car buyers have shown little enthusiasm for electric vehicles (EVs), with sales down 30.7% through September, representing just 6% of overall sales, according to research firm Motor Intelligence. This decline is less pronounced in Europe, where EVs have surged in popularity, accounting for 23.2% of the market through September, up from 17.7% a year earlier. The disparity between the two markets stems from different policies. In Europe, automakers are launching electric models to meet strict emissions regulations, and Chinese EVs have flooded the market. Meanwhile, the U.S. has removed support for EVs under the Trump administration, relaxed fuel-efficiency standards, and imposed high tariffs and bans on Chinese vehicle software. Consequently, many U.S. automakers have discontinued or scrapped plans for new EV models, replaced cheap leases, and shifted focus to hybrids and used EVs. Hybrid sales have surged 23% year-to-date, making up 15.6% of total sales. While EVs still have some demand, many consumers are opting for hybrids due to concerns about driving range. Used EV sales have also boomed, indicating that less affluent buyers are seeking relief from high fuel prices. EV brands like Tesla and Rivian have fared better than traditional automakers, with Tesla's U.S. sales down only 14% and Rivian's up 29%, compared to steep declines in Ford and General Motors. However, South Korean automaker Hyundai has seen a modest recovery in EV sales as gas prices rise, and dealers are in demand.",
  "summary": null,
  "key_points": [
    "EV sales in the U.S. down 30.7% through September, accounting for 6% of overall sales",
    "EVs make up 23.2% of European market share through September, up from 17.7% a year earlier"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Daimler Truck’s Q3 sales rise 26% as North America and Europe grow",
        "url": "https://urgent.news/2026/10/08/daimler-trucks-q3-sales-rise-26-as-north-america-and-europe-grow",
        "published": "2026-10-08T06:24:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}