TRUMP TARIFF EXTORTION DISHONESTY ONLY MAKING AUTO INVESTORS CANCEL INVESTMENT IN US

AI Overview [Google AI]

 Several major automakers have canceled or scaled back electric vehicle (EV) investments in the USA as of early 2026, driven by slowing demand, high costs, and regulatory shifts, including Ford, Honda, Nissan, and Volkswagen. 

Key cancellations involve EV battery plants, new electric models, and factory retooling, with over $15 billion in projects in flux. 

Manufacturing Dive  +3 Key Automakers Canceling/Scaling Back US Investments: 

Honda: Canceled three major upcoming EV models, including the Honda 0 Series SUV, 0 Series Saloon, and the Acura RSX, resulting in a $15.7 billion EV-related write-down. 

Nissan: Canceled plans to produce two electric SUVs at its Canton, Mississippi plant, pivoting instead to hybrid trucks and SUVs. Ford: Scaled back EV ambitions, including slowing down the development of new, larger electric vehicles (e.g., F-150 Lightning variant) and halting certain battery factory investments. 

Volkswagen Group: Canceled the production of the ID. Buzz electric van for the US market and halted a planned factory in the US (likely for Audi). 

Stellantis/Maserati: Killed off the planned electric Maserati MC20 sports car. 

Other Changes: Volvo scrapped plans to bring the ES90 sedan to the US. 

Primary Factors Driving Cancellations:

 Low Demand: Waning American consumer demand for all-electric vehicles. Financial Losses: Automakers reported low or negative profitability on current EV sales. 

Regulatory Changes: Reduced government incentives and shifts in emission regulations (end of carbon credits). 

Tariffs & Costs: Increased operational costs and high tariffs impacting imported components. 

TVP World  +5