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EV makers shift gears to lower prices, hybrids as consumer appetite slackens

Multibillion-dollar investments show automakers see EVs as industry's future, but getting there is tough

By: financialpost.com

May 06 2024
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EV makers shift gears to lower prices, hybrids as consumer appetite slackens — EV makers shift gears to lower

The volatility of the electric-vehicle transition has been on full display recently, as Ford Motor Co. announced it is pausing construction on the joint-venture active cathode material plant it is building in Quebec just days after Honda Motor Co. Ltd. announced a $15-billion EV and battery complex in Ontario. Read More

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Companies are trying to attract more smartphone users across Africa. But there are risks