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$35B in US EV, clean energy projects vanished in 2025 – here’s what broke

US clean energy

Businesses walked away from $5.1 billion in large-scale factories and clean energy projects in December alone – a stark finish to a year in which cancellations finally overtook new investment in the US clean energy sector. By the end of 2025, nearly $35 billion in clean energy investments had been canceled or downsized nationwide, taking more than 38,000 current and future jobs with them, according to new tracking from E2.

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$24B in clean energy projects scrapped under Trump – so far

clean energy projects September

The US clean energy sector took another gut punch in September as businesses scrapped or scaled back nearly $1.6 billion in major factory and clean energy projects, according to the latest monthly analysis from E2 and the Clean Economy Tracker. That brings the total cost of private-sector project cancellations this year to more than $24 billion.

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