Electric of the Trade

“According to the International Energy Agency, a Paris-based policy group, one of every four vehicles sold globally in 2025 was battery-powered. Analysts with Bloomberg have predicted that in the next decade, that number will more than double, putting gas-powered cars — for the first time ever — in the minority of overall new vehicle sales. Overseas, Asian and European manufacturers have spent years preparing for this eventuality, dumping billions into the development of battery technology.” Sadly, American carmakers have been going in reverse, a move that has cost them dearly in the short run, and could be even more costly in the long run. NYT Magazine (Gift Article): The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It? (Instead of plugging into the future, America is sticking its finger in the socket.)