The Trump administration's decision to eliminate tax credits for electric vehicle purchases has had a devastating impact on the US market, with sales plummeting by 36% in the final quarter of 2025. The move, which was expected to boost demand for EVs, instead led to a sharp decline in sales, with full-year EV sales dropping 2% to just over 1.275 million units.
However, the situation is not as dire globally, where battery-powered vehicles are still experiencing rapid growth. According to London-based forecaster Benchmark Minerals Intelligence, global EV sales could jump nearly 16% this year to 23.9 million units, with China expected to grow by 20% and Europe rising by 14%.
Despite the US downturn, General Motors and Ford have announced significant shifts in their strategy, with both companies taking huge writedowns as a result. Ford booked a $19.5 billion charge last year, while GM has committed to spending at least $7.6 billion on scaling back its battery and EV production plans.
GM's decision is particularly surprising given the company's success in the US market, where it delivered nearly 170,000 electric vehicles last year alone. However, analysts argue that GM's strategy is misguided, with the company opting to focus on affordable models rather than investing in more significant technological advancements.
The move by Ford and GM has been criticized as short-sighted and out of step with the direction the world is heading. As China continues to dominate the global EV market, both companies risk missing out on the growing demand for sustainable transportation solutions.
In contrast, other companies are taking a more forward-thinking approach, such as Brightline, which has hired former Eurostar CEO Nicolas Petrovic to lead its efforts in building a high-speed rail network across the US. The company's ambitious plans could help drive growth in the renewable energy sector and reduce reliance on fossil fuels.
Meanwhile, Christophe Beck, CEO of Ecolab, is tackling the growing challenge of water consumption in data centers, where AI-generated power demand has led to an unprecedented run of global heat. By investing in circular solutions and reducing waste, companies can help mitigate the impact of climate change.
As the world grapples with the challenges of sustainability and climate change, it's clear that short-sighted decisions like those made by Ford and GM will only exacerbate the problem. Instead, companies need to take a more proactive approach, investing in technologies and strategies that promote growth while minimizing harm to the environment.
However, the situation is not as dire globally, where battery-powered vehicles are still experiencing rapid growth. According to London-based forecaster Benchmark Minerals Intelligence, global EV sales could jump nearly 16% this year to 23.9 million units, with China expected to grow by 20% and Europe rising by 14%.
Despite the US downturn, General Motors and Ford have announced significant shifts in their strategy, with both companies taking huge writedowns as a result. Ford booked a $19.5 billion charge last year, while GM has committed to spending at least $7.6 billion on scaling back its battery and EV production plans.
GM's decision is particularly surprising given the company's success in the US market, where it delivered nearly 170,000 electric vehicles last year alone. However, analysts argue that GM's strategy is misguided, with the company opting to focus on affordable models rather than investing in more significant technological advancements.
The move by Ford and GM has been criticized as short-sighted and out of step with the direction the world is heading. As China continues to dominate the global EV market, both companies risk missing out on the growing demand for sustainable transportation solutions.
In contrast, other companies are taking a more forward-thinking approach, such as Brightline, which has hired former Eurostar CEO Nicolas Petrovic to lead its efforts in building a high-speed rail network across the US. The company's ambitious plans could help drive growth in the renewable energy sector and reduce reliance on fossil fuels.
Meanwhile, Christophe Beck, CEO of Ecolab, is tackling the growing challenge of water consumption in data centers, where AI-generated power demand has led to an unprecedented run of global heat. By investing in circular solutions and reducing waste, companies can help mitigate the impact of climate change.
As the world grapples with the challenges of sustainability and climate change, it's clear that short-sighted decisions like those made by Ford and GM will only exacerbate the problem. Instead, companies need to take a more proactive approach, investing in technologies and strategies that promote growth while minimizing harm to the environment.
Meanwhile, other companies are taking bold steps towards a more sustainable future. Like, have you seen Brightline's plans for high-speed rail? That's the kind of forward thinking we need 
. It's like they took two steps back instead of four 
. I mean, who wouldn't want to buy an electric car? They're good for the planet and all that jazz 
. But now it seems like nobody wants to make the switch.
. It's like China is just eating everyone else's lunch 
. I don't get why companies like GM and Ford can't see this coming. They're basically giving up on sustainability and just going for the short-term gain 
.
. That could really help us reduce our carbon footprint. And Ecolab's focus on reducing water consumption in data centers is a great idea too 
. We need more people thinking like that, not just trying to make a quick buck.
. The US market was supposed to be leading the way on sustainability, but now it looks like they're lagging behind 
.
. And now, it seems like some big players are actually taking a step backward 
. What happened to all that hype? Did they really think that just because they had a lead in the market, they could coast on autopilot? 
Ford and GM's decisions are short-sighted, plain and simple. They're not thinking about the long game when it comes to sustainability and reducing our carbon footprint 
theyre basically throwing away their EV business like its nothing 
but on the flip side i gotta give it up to Brightline for taking a bold step towards sustainable transport 
lets hope more big brands follow their lead 
. I love how Christophe Beck is tackling water consumption in data centers – it's like, yaaas, get on that ASAP! 
The thing is, sustainability isn't a side hustle anymore; it's the new norm. And if you're not on board, you're gonna be left behind.
. They can't just focus on affordable models and expect to catch up with the global EV market. It's like trying to buy a Tesla and thinking that'll magically solve your carbon footprint – nope, not happening 
.
with 36% less buyers buying them - it's crazy! what a mistake 
... i'm kinda surprised GM is scaling back production tho, they were doing so well in the US market last year 
... but on the other hand, china is still killing it 
meanwhile china and europe are leading the charge on sustainable energy 
"
️
. They're basically betting against the world going green. And Ford's $19.5 billion writedown is just insane 
. The EV market needs innovation, not incremental improvements. It's like they're stuck in a bubble thinking the world is going to change at its own pace 
.
. And Christophe Beck's focus on water consumption in data centers is a game-changer 
️. The clock is ticking, folks!
. I mean, 36% drop in EV sales? That's crazy! Meanwhile, globally, it's like a different story altogether 
) and invest in circular solutions. We can't keep relying on old-school thinking when it comes to sustainability 
.
meanwhile, countries like China and Europe are totally on board with sustainable transportation solutions 
it's all about making conscious decisions that don't harm the planet 