The current media negativity about EVs has continued, with the latest installment being Mercedes-Benz walking back from its commitment to sell only electric cars in 2030. In October 2023, Ford delayed its planned $12 billion spend on electrification, cut F-150 Lightning production in December 2023 and just a few weeks ago further scaled back its EV plans. Some have seen this as a sign that electric vehicles weren’t such a good idea after all. But these legacy automakers could…
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