End of EV euphoria triggers $65bn hit for carmakers

Market Intelligence Analysis

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Why This Matters

The electric vehicle (EV) market has experienced a downturn, resulting in a $65 billion hit for car manufacturers. As a response, they are reassessing their US strategy and shifting focus back to petrol and hybrid vehicles. This shift indicates a decrease in investor confidence in EVs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Manufacturers rethink US strategy in pivot back to petrol and hybrids

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Full article on Financial Times
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Original article published by Financial Times on February 15, 2026.
Analysis and insights provided by AnalystMarkets AI.