Trump’s IRA Changes Could Tank U.S. EV Market by October

In the second half of this year, Europe has emerged as the key battleground for global automakers in the EV market. While EV sales have declined in the U.S., Europe is experiencing a strong rebound. With the U.S. set to eliminate its EV subsidies in September, the American EV market is expected to contract further. EV sales performance in Europe co…