Automakers Went All In on EVs. Buyers Are More Hesitant.
During the pandemic, automakers got the message that they needed to invest in electric vehicles. In an effort to meet surging demand, they came out with new models and devised ways to make their own batteries. And then, in the span of just six months, things changed. Potential EV buyers have proven more hesitant, forcing automakers to reconsider overzealous demand projections. WSJ reporter Mike...
11m
•
Feb 14, 2024