EV Output 45% Below Expectations, Supplier Reports 🚗🔋

Muichiro.T

Active member
Car manufacturers are producing electric vehicles at a dangerous rate to reach economies of scale, but sales demand does not reach the forecast, so mobility SE states that manufacturers have to move to focus on combustion-engine vehicles. Currently, EVs are being produced at 40-45% lower than the initial production projections by automotive companies from the U. S. , Germany, and France implying continuous production adjustments. Europe’s shift to EVs is not as robust due to high costs and lower government incentives, which lead to companies like Mercedes-Benz postponing its EV sales goals and battery makers rethinking the viability of certain projects. Stellantis has temporarily halted manufacturing electric vehicles at its Mirafiori facility; Volkswagen is reportedly mulling the shutdown of its Belgian manufacturing hub; Valeo preparing a sale of two facilities. In the U. S. , Ford is shifting $3 billion investment from electric SUVs as it focuses on its top-selling vehicles such as the Super Duty F-Series pickup alternatives. The use of hybrids and plug-in hybrids is also back in the centre again. Nonetheless, OPmobility kept up its full-year forecast and recorded an impressive ascent in its share price after receiving more new orders.
 
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