Taking Stock of the EV Slowdown One Year Into the Narrative Shift
Is growth decelerating? Yes. But plug-in vehicles are still headed for another record year, with much of the expansion driven by China.
Renault R4 E-Tech electric vehicles at this week’s Paris motor show.
Photographer: Nathan Laine/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
Around this time a year ago, the first headlines started to emerge about a drop-off in demand for electric vehicles. Automakers including General Motors and Ford began to scale back production plans and delay model launches, and others followed suit.