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Rising costs and unsteady demand for electric vehicles remain major sources of friction between automakers and their suppliers, according to a new Plante Moran survey examining supplier-automaker relationships. "The number one tension right now is around the electric vehicle product plans and product cycles," said Dave Andrea, principal in Plante Moran's automotive and mobility consulting . ....
Toyota Soars, Ford Plummets; Honda, GM, Nissan, and Stellantis Make Gains in 2024 Working Relations Study prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Why can't Americans buy cheap Chinese EVs? ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
While Europe and China have a wide variety of electric vehicle (EV) options, the US market offers fewer choices due to the profitability focus of American automakers on trucks, SUVs, and premium models. China dominates the global EV market, accounting for about 60% of new passenger EV sales this year. ....