EVs at inflection point as governments transition from carrot to stick subsidy approach
The recent drop off in EV sales growth has come as a rude shock to those who follow the battery industry. Raw material prices might be cyclical, but if there was one constant in the universe, it was that electric vehicle demand would continue to grow at elevated rates, wasn’t it? Sadly, that doesn’t seem to be the case and it seems primarily to be a modification of key subsidy arrangements that has been responsible for the fall in sales growth. But what does this mean for the future of the EV event and hence for battery demand and ultimately for...
Topics
Batteries
Cells
China
Europe
EVs
Ford
ID.3
Mass-market
MEB
Model3
Tesla
US
VW
