EV Market Slowdown and Used Flood
Key Questions
What factors are contributing to the EV market slowdown?
Detroit automakers reported $114 billion in losses with only 1% US growth projected for 2025. A flood of 300,000 used EVs has increased by 35%, leading 12 makers to pivot toward ICE and hybrids.
What delays are affecting Tesla's upcoming products?
Tesla has delayed the Semi and Model 2 L2 launches. Despite caution, charging infrastructure expansions continue.
What is Wallbox doing to address its financial challenges?
Wallbox has agreed to a comprehensive restructuring plan extending its debt to 2030. This comes amid broader EV market pressures.
Detroit $114B losses/1% US 2025 growth; 300k used EVs +35%; 12 makers pivot ICE/hybrids; Wallbox debt to 2030; BMW i3 Neue 2026; Tesla ends Model S/X inventory, pivots to Cybercab/Optimus amid sales tank, NHTSA clears remote summon probe.
Sources (2)
Updated Apr 8, 2026