Here’s a telling chart from Colin McCarthy: The world is going electric, except for the US. The chart shows the rolling 12-month share of new battery-electric vehicle sales (plug-in hybrids excluded). The callout for the US marks the end of the federal EV tax credit in September 2025. The adoption curve reflects demand being pulled forward prior to its expiry, followed by the expected falloff. Among the long list of other things going on in the US, it is highly disappointing to see the politicization of renewable energy.