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U.S. Auto Industry at Risk as America Falls Behind in EV Transition

America's auto industry faces decline as it falls behind in the global EV transition, impacting jobs, competitiveness, and industrial relevance. Learn about the challenges and implications.

This news matters because America's lag in electric vehicle adoption threatens not just automotive jobs and competitiveness but the nation's broader industrial future and climate goals. As global rivals accelerate EV production, U.S. manufacturers risk losing market share, technological leadership, and supply chain dominance, potentially impacting millions of workers and consumers. The transition affects everything from energy independence to environmental sustainability, with slower adoption delaying emissions reductions and leaving American companies dependent on foreign technology. For investors and policymakers, this represents both an economic vulnerability and a missed opportunity in the growing green economy.