More and more alarm calls reports Reuters publication comes from the auto industry, where demand for electric vehicles is slowing. But global electric car manufacturers are under pressure from a variety of factors, from government environmental ambitions to the collapse of major partnerships.
EADaily previously reported that auto business partners Honda Motor and General Motors announced the termination of their joint project. The reason is a lot of competition from the Tesla brand and Chinese imports.
But the slowdown in demand for electric vehicles around the world is causing another problem – this time in the large and heavily invested electric car battery industry. Moreover, we are not talking about a decline in demand or its absence, but about a slowdown. Sales of electric vehicles are growing, just not at the rate investors who have invested billions would like.
Experts also point out that there is no clear forecast for next year. Plus, interest rates on car loans are rising all over the world, which clearly does not help increase sales.
2023-10-26 09:54:00
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