Automakers are currently slashing the prices of their electric
vehicles (EVs) – but it’s not because the vehicles are getting cheaper
to produce and it’s definitely not because of growing consumer demand.
In fact, global EV sales took a dramatic nosedive in January of 2023, from China to various countries in Europe to the US.
Falling demand has forced automakers to slash prices and recoup
losses. The auto industry can afford to take losses for now because they
have enjoyed copious government subsidies over the past year. How far
will government go to ram expensive batteries down our throats?...<<<Read More>>>...
