Institute for Energy Research: Slow EV Sales Delay Automakers' Investments and Reduce EV Prices
November 16, 2023
November 16, 2023
WASHINGTON, Nov. 16 -- The Institute for Energy Research issued the following agency statement on Nov. 15, 2023:
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With slower than expected sales in electric vehicles, automakers are questioning their multibillion-dollar investments in new factories and raising doubts about the effectiveness of Biden's federal incentives. General Motors delayed plans to expand its electric pickup truck production at a plant in suburban Detroit, and canceled a program with Honda to . . .
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With slower than expected sales in electric vehicles, automakers are questioning their multibillion-dollar investments in new factories and raising doubts about the effectiveness of Biden's federal incentives. General Motors delayed plans to expand its electric pickup truck production at a plant in suburban Detroit, and canceled a program with Honda to . . .