CANCELED Electric Cars. Is There Still Hope?

Are electric cars actually on their way out, or is the revolution just getting started? We break down the massive cancellations and the wave of exciting new EVs coming to change the game. Rivian R2 Edmunds Review - https://www.edmunds.com/rivian/r2/?utm_campaign=video_description&utm_source=youtube BMW iX3 Edmunds Review - https://www.edmunds.com/bmw/ix3/?utm_campaign=video_description&utm_source=youtube More Edmunds Tips & Advice Videos - https://www.youtube.com/playlist?list=PLsSQoIGhBLpQ5vwZpCc8L5oyFe9DlD9tj Appraisal Tool - https://www.edmunds.com/appraisal/?utm_campaign=video_description&utm_source=youtube Car Listings - https://www.edmunds.com/new-cars-for-sale/?utm_campaign=video_description&utm_source=youtube Ratings and Reviews - https://www.edmunds.com/car-reviews/?utm_campaign=video_description&utm_source=youtube 00:00 Intro 00:34 Cancelled EVs 03:23 New EVs for 2026 06:13 New Luxury EVs Coming 09:06 New Affordable EVs Coming 09:46 EV Sales Data 10:46 Edmunds' Take With high-profile vehicle cancellations making headlines, you might be wondering: are EVs dead? The short answer is a definitive no, but the market is undergoing a massive shift. While legacy automakers have canceled or discontinued over 20 electric models this past year—including trucks like the Ford F-150 Lightning and premium options like the Tesla Model S—a massive wave of new electric cars is preparing to hit the streets. We are expecting more than 40 new EVs to debut soon, targeting everything from budget buyers to luxury enthusiasts. In the affordable space, the return of the Chevy Bolt and the budget-friendly Tesla Model 3 Rear-Wheel Drive prove that practical electric cars don't have to break the bank. Meanwhile, the three-row family market is heating up with exceptional performance from the Hyundai Ioniq 9 and the high-tech Lucid Gravity. But the real game-changers are the upcoming electric SUVs slated for late 2026 and beyond. The highly anticipated Rivian R2 promises to disrupt the compact crossover segment with an estimated 330 miles of range and a starting price around $45,000. Not to be outdone, BMW is launching its next generation of vehicles, including the BMW iX3, a small luxury EV packed with class-leading driving dynamics and next-gen tech. Our final verdict? Dealers may currently have higher inventory, but as infrastructure improves and more affordable choices arrive, the future of electric mobility remains incredibly bright. If this kind of video is helpful to you and you want to support us in making more work like this in the future, hitting the like, subscribe, and notification bell buttons goes a long way. Disclaimer: This video's description was generated with AI assistance and reviewed for accuracy by the Edmunds editorial team. The video itself was created entirely without the use of generative AI. https://www.instagram.com/edmundscars https://www.facebook.com/edmunds https://www.tiktok.com/@edmunds https://twitter.com/edmunds https://www.reddit.com/user/edmundscars #RivianR2 #BMWiX3 #Edmunds