EV Euphoria is Dead. Automakers are Scaling Back or Delaying Their EV Plans
The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted…
US on Track to Meet 50% EV Target by 2030 Despite Slowing Growth
The US remains on track to meet ambitious targets for electric vehicle adoption despite signs of waning demand, according to Energy Secretary Jennifer Granholm. Speaking at an electric vehicle battery plant in Moses Lake, Wash., on Thursday, Granholm projected the…
