Is the EV slowdown real? It’s a mixed bag.

Electric vehicle sales just passed a significant milestone in the United States, and they’re expected to set records later this year globally. But the news isn’t all rosy just as upcoming elections in the United States and Europe are throwing the future of EVs into uncertainty. POLITICO’s James Bikales breaks down the industry’s murky outlook. Plus, the Federal Trade Commission is investigating Exxon Mobil's plan to buy Pioneer Natural Resources, the largest oil and gas deal in years. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast. James Bikales is the host of Morning Energy and a reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.