🌐 Global Economy Jun 2, 2026

How the U.S. Fell Behind in Adopting the Electric Car

Econofact
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How the U.S. Fell Behind in Adopting the Electric Car
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The Issue:
The United States was in the lead in launching the modern electric car. However, China has dominated the recent global surge in production and sales of EVs, and Europe has also overtaken the U.S. in EV adoption. What explains the U.S.’s lagging performance?
The Facts:

The plug-in battery-powered modern revival of EVs was led by Tesla in the United States from 2012. 
EV sales surged 20 percent globally in 2025 to more than 20 million vehicles. China is now by far the largest market

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