EV Industry Overcapacity and Write-downs

Ford, Stellantis, GM and Honda continue cutting or repricing EV ambitions after major write-downs. Toyota's BYD-based bZ5 strategy, BMW's two-million-EV milestone, Hyundai's cost reductions, Polestar 4 ownership evidence and increasingly capable compact EVs such as the Nissan Micra show the industry adapting through partnerships, chemistry changes, regional pricing and differentiated products. Practical buying guidance increasingly emphasizes usable range and sustained charging rather than brochure figures.