science

Honest answer: Induction stoves aren't shit in the US. They don't run at a lower voltage because our homes are wired for 240V same as Europe.

Honest explanation: The American power grid closely remembles anyone else's, we've got the big long distance power lines up on those big pylons that transmit power in the megavolts, those get stepped down at substations to a dozen kilovolts to snake into neighborhoods, and then those pole mounted transformers step it down to 240V to make the couple hundred foot trip from the pole to a few houses. The difference is that in America, the transformer is connected to the house with three wires, not two. The third wire is a center tap, so you have the two outer wires and a center wire.

Measure the voltage between the outer two wires, you find 240V. Measure between the center wire and either of the outer two, you find 120V.

Most of the normal outlets throughout an American home or business are wired between one of the outers and the center, to deliver 120V. But, we routinely wire some circuits across the two outer wires for 240V, we even have special plugs for this to make sure you don't plug a 120V appliance into a 240V outlet. Things such as electric water heaters, HVAC units, clothes dryers, electric car chargers and electric stoves are indeed wired for 240V here.

Induction cooktops took on a low reputation in the US because early models were hilariously expensive (Westinghouse was selling an induction range in the 70's for $1500, that's about $10,000 in today's money) and not particularly reliable. Another factor was all the trendy cookware from the 60's on. CorningWare and Pyrex (ceramic and borosilicate glass) was huge in the 70's, Calphalon (anodized aluminum) and Revere Ware (high-nickel stainless steel) was on all the wedding registries in the 80's, and solid copper was big in the early 90's. None of which work on induction stoves. Which means, for decades, Americans perceived induction ranges as gimmicky crap that required "special" cookware, that to buy into an induction range would require throwing away all your pots and pans. Americans continued preferring resistive coil electric or natural gas stoves.

Well, we arrived into the 21st century, teflon-coated steel and tri-ply stainless pans come into vogue, Corning stops making consumer ceramic and glass products, Revere changes their stainless formula, and now we find that most cookware on the market is induction compatible. Induction stoves are the fastest growing market segment in kitchen appliances in the US, everybody wants one.