EV “Euphoria is Dead” as Automakers Pull Back on Electric Vehicle Plans

According to recent reports, auto manufacturers are scaling back electric vehicle production as consumer demand falls. Over the past few years, the automotive industry has experienced a state of “euphoria,” where companies have laid out ambitious sales forecasts and optimistic targets for EV growth that were pleasing to Wall Street.

However, this sentiment is deteriorating as auto companies ...

Continue reading this American news story: EV “Euphoria is Dead” as Automakers Pull Back on Electric Vehicle Plans
 

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