Everyone said the U.S. electric vehicle market was dead after a brutal Q1, but the latest April registration data reveals a massive U-shaped recovery. In this solo deep dive, we skip the superficial driving impressions and break down the raw market economics. Why did sales plunge up to 41% in January after federal tax incentives expired, and how did automaker-backed financing and manufacturing shifts spark a massive April rebound? We also look at global ripple effects, from the U.K. altering its aggressive EV mandates to Honda’s major structural pivot.