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“The EV market is still very much in its infancy in terms of its business lifecycle — just 5% of all new car sales are currently electric vehicles,” said Tim Prescott, founder and editor of ...
The higher cost of owning an electric versus a gas-powered vehicle is a sticking point for many would-be buyers of EVs. Now, the price of a key EV component is falling, raising hopes that ...
In addition to cutting prices of its volume EV seller, ... Langan forecast around $2.2 billion in EBIT a quarter for the rest of the year, implying a "base case exit pace of ~$8.8B for the year ...
It seems prices for used electric vehicles, however, are falling even faster. According to auto research firm iSeeCars.com, used EV prices are collapsing more than those in the overall used car ...
Thus, today's positive inflation report sparked a "risk-on" rally, including these EV-related stocks. Today, the December Consumer Price Index (CPI) was released.
Thomas Schäfer, CEO of the Volkswagen brand, is bullish about the German automaker's prospects in China and the US amid a push to slash costs at home.
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