Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.
Anyone who cares about EV charging in America should raise serious questions about the likelihood of utilities quickly building and properly maintaining chargers.
Impacted by Tesla’s production-line upgrades at Giga Shanghai, CATL is the only company among China’s top five EV battery makers to experience a reduction in installed volume in September, according to Wards Intelligence’s analysis.