Carmakers are worried.
Richter Fail
After racing to meet surging demand for EVs just six months ago, carmakers are now slamming the brakes and significantly cutting their plants’ output.
It’s an early sign carmakers vastly overestimated the appetite for electric cars, which are increasingly sitting on lots unsold.
Is it an overcorrection triggered by a COVID-era supply shortage? Or are consumers simply far more discerning, especially when it comes to paying a premium, than initially…
Comments are closed