I was going to write about EVs this morning, thanks to digging into the stats on the new Cadillac EV SUV. I still might later. But this news was breaking early, and as it strikes at the apex predator of the sector? I figured I’d check this out first.
Elon Musk has seemingly been nimble enough to dance around many of the problems other manufacturers have been facing since last fall. Have they caught up with him at last?
In mid-March, I had a post that all the auguries were pointing to a rough ride ahead for electric vehicles.
…Not my headline, y’all. It’s CNBC’s.
EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
“Dead.” How about that?
The buzz around electric vehicles is wearing off.
For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced…