Trump’s Orders Are Turning the US Into an Electric Car Laggard

President Donald Trump’s efforts to unravel policies supporting electric vehicles threatens to turn the US into a laggard for years to come, according to a new report.

BloombergNEF reduced both its near- and long-term EV outlook for the first time, cutting 14 million battery-powered cars from its sales projections through 2030 due to the US rollback. The researcher now sees the country trailing not only China and Europe, but also the global average adoption rate until 2040.

“Global EV sales are growing, but the national picture is more varied than ever,” BNEF analysts write in the report released Wednesday. Whereas ...