Nissan will postpone production of two electric SUVs that were to be built at its Mississippi plant. Initially, production was to begin in 2028, but will now be pushed back until the end of 2028 or early 2029.
Toyota Motor is postponing production of an EV in the U.S. by two years. It will stop EV production at its Indiana plant, while increasing production of hybrid and ICE versions of the Grand Highlander SUV.
Honda has also stopped development of a large SUV that it had positioned as a strategic model.
President Trump’s One Big Beautiful Bill abolishes EV buyer incentives worth up to $7,500 from the end of September.
In the US market, there are no EVs under $30,000. Demand was sluggish even before government support was ended with EVs taking less than 7% of US car sales.
