The Default Notice — Short circuiting the EV dream


Market Wrap

The Default Notice — Short circuiting the EV dream

Max Frumes's avatar
Rachel Butt's avatar
Kartikeya Dar's avatar
Max Reyes's avatar
  1. Max Frumes
  2. +Rachel Butt
  3. + 2 more
13 min read

The euphoria around electric vehicles is screeching to a halt.

EV makers revved up production around 2020 and 2021, just when supply chain disruptions and higher costs set in, forcing many to play catch up.

The mass adoption that many hoped for has yet to happen, in part because of the vehicles’ higher price tags, as well as worries over having enough battery charge to complete a journey.

That kind of range anxiety may be worsened by a recent bankruptcy, which knocked down another company that can make sure your car is juiced.

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