Patrick Boyle On Finance

Is the EV Revolution Dead?

Sep 23, 2024
Automakers are reassessing the electric vehicle market as interest wanes and infrastructure lags. Sales of hybrids are making a comeback, prompting companies like Volvo to rethink their all-electric timelines. With a 20% growth in EV sales in China clashing with stagnation in Europe and the U.S., the dynamics of the industry are shifting. Insights into consumer perceptions reveal a complex landscape, hinting at a possible future where hybrids regain their footing while electric options face renewed skepticism.
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