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Is EV Demand Really Shrinking? It's Complicated

21 Oct 2023 | Abstracted from Autoweek

"Idled plants and pushed-back production timelines signal a lull in EV sales, but analysts say demand is just one piece of the puzzle."

"A glance at the EV sales rates from manufacturers points to relatively positive trends

"Even so, the outlook for automakers in the near future is muddy. Stuck between impending government regulations, challenging engineering costs, and less than a third of dealers signaling confidence in EVs (according to Cox Automotive), lying in wait may be the safest bet for OEMs."



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