​Which Auto Brands Survive The EV Apocalypse?  – Tyler Durden

Which Auto Brands Survive The EV Apocalypse?  The once-lucrative European auto market is an utter disaster after numerous brands, including Volkswagen, Mercedes, Aston Martin, BMW, and Stellantis, have warned about a downturn and EV programs hemorrhaging cash while China eats their lunch with cheap EVs.  Providing more insight into the downturn, Autoblog’s Stephen Fogel penned a note with commentary on each auto brand and his thoughts on whether they will survive the ‘EV Apocaplyse.’  “The path to electrification is a very difficult one, for both legacy automakers and EV startups. The recent plateauing of EV demand has put additional pressure on manufacturers that have gone all…  — Continue at ZeroHedge News : Read More