Global Automakers Rethink Electric Vehicle Strategies Amid Sluggish Demand

As the automotive landscape shifts towards sustainability, leading car manufacturers worldwide are revisiting their strategies around electric vehicles (EVs) due to unforeseen challenges in consumer demand. Recently, Ford disclosed its decision to delay $12 billion of investments aimed at enhancing its EV manufacturing capabilities. This setback includes halting the construction of an upcoming battery facility, … Continue reading Global Automakers Rethink Electric Vehicle Strategies Amid Sluggish Demand