Raw Material Costs For EVs Doubled During COVID — Is It Biden’s Fault?
Credit to Author: Steve Hanley| Date: Thu, 23 Jun 2022 07:10:59 +0000
The cost of materials for electric cars is putting a profit squeeze on automakers according to a report by AlixPartners. This is a long-term issue going back a decade, not a one-year or two-year issue.