From Fantasy to Fact: The EV Slowdown Gets Real ...Middle East

OILPRICE - Economy
From Fantasy to Fact: The EV Slowdown Gets Real
source : OILPRICE ( Middle East ) () 41
Electric cars are one of the pillars of the energy transition. Mass adoption is regularly included in forecasts as a necessary condition for the success of that transition. Yet, despite efforts and investments, this mass adoption remains as elusive as nuclear fusion. The decline in EV demand growth is a fact. And it is accelerating. Earlier this week, a battery material maker from Belgium became the latest to sound the alarm on EVs. “Against the backdrop of a sharp slowdown in the growth of demand for EVs impacting the entire supply chain,…

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