A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on Aug. 21, 2024 in Glendale, Calif.in 2024 and will still be the top vehicle choice for families this year as trepidation over electric vehicle ownership persists. EVs, however, may be the best choice for consumers ready to lease or buy a new vehicle, with deep discounts on a large selection of models, including luxury brands.
President-elect Donald Trump has signaled that he would reverse or pull back some of President Joe Biden's initiatives to get more Americans to drive EVs, but insiders said the uncertainty should not stop interested buyers from going electric. Here are some of the biggest themes to watch for in 2025, including the rise of Chinese EVs and what a shrinking industry may mean for consumers. Honda Accord and Civic models are displayed on the sales lot at Honda Marin on Oct. 16, 2024 in San Rafael, Calif.Early adopters all have one, but getting the average American to trade in their gas-powered trucks and SUVs for an electric one has been a challenge for nearly every carmaker. Whether it's range anxiety or the cost, EVs are being passed over for hybrids and conventional vehicles, meaning good deals for consumers willing to take that leap. Ed Kim, president and chief analyst at AutoPacific, revised his EV market share in the U.S. to 9.7%, a drop from his previous forecast of 10.3% for 2025. 'EV adoption will grow but at a much slower rate,' he told ABC News. 'Automakers are taking a loss on EVs.' Whether the Trump administration redirects federal funding away from building out the charging network is a huge variable, Kim noted, but there's a bright side for consumers: many new models will be compatible with the NACS plug, which Tesla pioneered. Owners of non-Teslas will then be able to benefit from Tesla's convenient and extensive charging infrastructure. 'One of the challenges to EV adoption is charging. It's complicated for people,' said Ki