EVs stumbled into 2026. Now automakers are betting on cheaper cars.

Legacy automakers are starting to launch lower-priced EVs as high-priced models are phased out. Toyota's C-HR, pictured above, is $35,000.

Josh Lefkowitz/Getty Images

• Tesla sales declined in 2025 and several legacy automakers are pulling back their EV commitments.
• Car companies are struggling to contain prices, and consumers are signing on to riskier loans.
• Analysts say there is a potential solution: cheaper EVs. We're about to see a bunch in 2026.

On the surface...