Electric vehicle market Imploding as Manufacturers cut Production Goals, Raise Prices

The one principle of capitalism that drives innovation and, ultimately, profits, is “supply and demand.” When there is a demand for a product or service, then those who can sufficiently supply that demand will do well. Those who cannot, won’t. And that principle alone is why the electric vehicle (EV) industry is already imploding. The […]

The post Electric vehicle market Imploding as Manufacturers cut Production Goals, Raise Prices first appeared on The European Union Times – World Breaking News. Source

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