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Auto execs are coming clean: EVs aren't working

"After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV"


-- INSIDER

With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term.

Several C-Suite leaders at some of the biggest carmakers voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk. ---More...

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