Find out what’s really behind the slowdown and how automakers are adjusting. In china, you can buy a heavily discounted “used” electric car that has never, in fact, been used Recent data shows that demand for high‑priced electric models, such as the ford f‑150 lightning, has plateaued across north america and europe
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Consumers are increasingly hesitant to pay premium prices for battery‑powered trucks and suvs, leading to a noticeable dip in showroom traffic
Manufacturers respond by rethinking production in reaction to the slowdown, several automakers have.
Experts say they expect many automakers to end ev models. In recent weeks, automakers and other companies in the vehicle space are pulling back their investments in electric vehicles (evs), including laying off workers in multiple states The lightning was at one point projected to sell up to 150,000 units per year, but ford. Listen to more stories on the noa app