U.S. EV Battery Plants to Spark a New Era in E-Mobility
FFord Motor(F) ZACKS·2024-07-02 23:10

Even as the electric vehicle (EV) market faces a cooling period due to consumer concerns about high prices and inadequate charging infrastructure, the long-term future of mobility clearly leans toward electrification. To solidify their positions in this burgeoning domain for the long term, automakers worldwide are pouring in billions of dollars to build EV battery-related infrastructure. Despite a dip in EV sales of late, the battery production momentum is not slowing down, reflecting the industry's anticip ...