Section

It’s darkest before the dawn in the EV revolution

12 months ago Auto economictimes
The carmakers who’ve promised multi-billion-dollar plans to pivot to battery vehicles are being savaged by equity investors, with shares in General Motors Co. down 30% since the start of August and even perennial market darling Tesla Inc. falling 16%. An automotive chief executive officer can’t stand on a stage these days without downgrading some aspect of their EV rollout plans. While sales are still growing at double-digit rates, expectations of a rapid switch away from conventional drivetrains have taken a hit. Read more at: economictimes

Tags : EV companies struggles in India EV struggles in India EV revolution Shares of EV companies Lithium hydroxide

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like

Auto

Finance ministry not inclined to charge up FAME 3

Auto

Rapid KL’s Kajang-Bangi-Putrajaya trial bus route 451 extended again, now till March 31 – limited stops, RM1

Auto

ACE 2024: Experience the new Mitsubishi Xpander facelift – two variants offered starting from RM99,980

Auto

BYD Seal Dynamic tiba di Malaysia 6 September – 204 PS, 310 Nm, jarak gerak 460 km, bawah RM160k?

Auto

Kereta pengiring Nissan GT-R bukan beli guna duit kerajaan, jangan fitnah – Tengku Temenggong Johor

Auto

LPT Bentong Barat interchange closed on August 7-8

© Copyright © 2017 Bollywoodcharcha