EV Dreams Crash: Honda, Porsche, Jeep Slam Brakes Mid-Electricity
In a sprawling Broadway production titled 'Oops, Not So Electric,' Honda hero Toshihiro Mibe slammed the $20 billion EV party brakes in May and bowed out of the US-only Acura ZDX, built awkwardly by GM's Tennessee factory. Meanwhile, Jeepāowned by European conglomerate Stellantis, because global handoffs are the new American pastimeāaxed its plug-in hybrid Gladiator 4xe in September citing 'changing customer preferences,' code for āpeople want gas, not gigawatts.ā Ram, also Stellantis-branded, scrapped the REV 1500 EV truck to sulk over stumbling North American demand. Porsche tossed a ā¬1.8 billion ($2.2 billion) hit harder than an EV battery meltdown after ditching its electric SUV and watching shares plunge like a drunken Tesla driver. Bentley shrugged off electrification by flipping the ignition to āmore gasā and delaying green dreams to 2035+. Detroitās Ford, with CEO Jim Farley playing safety driver, postponed the Project T3 full-sized EV truck and commercial van to 2028, relying on a California 'skunkworks' for affordable $30K midsizers starting 2027. All this amid the Trump administration yanking the $7,500 US EV tax credit plug as of Sept 30, leaving carmakers in a slow-motion, electric apocalypse crescendo. Elon Musk even warned of 'a few rough quarters,' because apparently, turning off free money kills enthusiasm faster than a Teslarati loses charger spots. Weāre collectively witnessing the EV revolution hit potholes bigger than a beat-up gas guzzler.
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So much for going green: Honda, Jeep, Porsche, and even Bentley just gave electrification the cold shoulder after Uncle Sam cut the $7,500 free money subsidy. Spoiler alert: Turns out, humans love gas engines more than an electric utopia, at least for now.
EV plans getting cancelled faster than you can say 'battery range anxiety.' Who knew Trumpās subsidy haircut would be the party pooper for Tesla, Honda, and friends?
The electric car revolution is apparently an elaborate group project where everyone crammed the night before and now Jeep, Ram, and Porsche are handing in blank papers.
Source: Businessinsider | Published: 9/25/2025 | Author: Tom Carter
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