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For several years, the car market has been hyping the change to electric cars with hopeful sales projections for electrical models and significant growth estimates. Investors inflated evaluations for car manufacturers, based upon their visions for an electrical future.
Currently the buzz is diminishing, and companies are once again applauding consumer choice. Automakers from Ford Motor and General Motors to Mercedes-Benz, Volkswagen and Volvo are downsizing or postponing their electric automobile plans.
When general cars and truck sales are up, Tesla’s yearly car deliveries declined for the first time in more than a years throughout a period. Have automakers overinvested in EVs and are EVs eliminating the cars and truck market?
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More Reading:
Just how Trump policies might improve the EV market: https://observer.com/2024/12/trump-ev-policy-tesla/
Norway EV subsidies: https://www.instituteforenergyresearch.org/renewable/the-hypocrisy-of-the-electric-vehicle-movement/
Tesla Deliveries decrease: https://www.ft.com/content/f13d799c-a4dc-4619-b876-6ec68b502fec
Car manufacturers battling: https://www.nytimes.com/2024/12/15/business/automakers-trouble.html
Northvolt Bankruptcy: https://www.ft.com/content/09938004-21b9-4750-8fa2-9ed15c566d4e
The Winners & Losers in Auto Sales: https://www.caranddriver.com/news/g63335108/auto-sales-q4-2024-winners-losers/
Why Norway is Having Second Thoughts about EVs: https://www.vox.com/future-perfect/23939076/norway-electric-vehicle-cars-evs-tesla-oslo