How US Automakers Brought Their $70B Loss On Themselves

09 May 2026 | Abstracted from Electrek

A new InfluenceMap analysis argues that US automakers brought ~$70B in EV writedowns on themselves by lobbying to roll back the very emissions regulations that gave their EV investments stability. Industry lobby groups flip-flopped positions based on political winds, undercutting members' own stated concerns about regulatory uncertainty. Meanwhile, China's automakers - unhampered by such self-sabotage - surged ahead, with China now the world's largest auto exporter as global EV demand keeps rising.

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