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German auto industry may lose fourth of its jobs

German auto industry may lose fourth of its jobs
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The buzz has gone! Demand for EVs continues to decline, with average electric car sitting unsold for more than 75 days - 25% longer than a regular gas equivalent, as Ford F-150 Lightning popularity slumps

Consumers turned away from plug-in vehicles in the latter half of 2023 thanks to their heftier price-tags compared with gasoline cars and worries about battery resilience, polls show.

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Industry pain abounds as electric car demand hits slowdown

Industry pain abounds as electric car demand hits slowdown
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Industry pain abounds as electric car demand hits slowdown, Auto News, ET Auto

Investment in capacity and technology development has outrun actual EV demand, boosting pressure on companies to cut costs.

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German sales lag recovery - report

German sales lag recovery - report
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