Summary

In the third quarter of 2026, it was the best of times and the worst of times for EV manufacturers in the US. While the rest of the world seems to be progressing nicely toward a future in which battery powered cars are the norm, US customers are giving EVs the cold shoulder. The bad news did not affect every automaker equally, however. Toyota — the perennial laggard in electric vehicles — saw a sharp uptick in its EV sales.

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