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The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It?

Media | July 20, 2026 | Story by: Editorial Staff

The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It? 

The New York Times: Sue Helper, the Frank Tracy Carlton Professor of Economics at Weatherhead School of Management, said Detroit is repeating mistakes it made during the rise of Japanese automakers by retreating to profitable gas-powered trucks instead of investing consistently in EVs. She argued policy instability has hampered long-term planning and warned the U.S. risks being stranded on a "shrinking island of ICE" without sustained investment in EV innovation.