An empty charging station for an electric vehicle.
Electric vehicles have hit a hurdle, but not a roadblock.
  • It's not all bad news for electric vehicles these days, but it may seem like it. 
  • Automakers aren't likely to walk away from multibillion-dollar investments.
  • There are shoppers who want EVs, they just can't afford them.

The electric-vehicle market is going through its biggest change yet, and it's not pretty.

The rate of EV sales has been slowing for about a year, major automakers have pulled back on their previously lofty EV goals, and even the electric-car giant Tesla is faltering.