EV Industry Reached $70 Billion In Losses In 2024 Due To Delusional Green Ideologies

The economic consequences are profound. The crisis is leading to production cuts, halted projects, and increased uncertainty for employees and suppliers. High raw material prices and the lack of “economies of scale” (due to low volume) mean that manufacturers are struggling with low margins and overcapacity. The post EV Industry Reached $70 Billion In Losses In 2024 Due To Delusional Green Ideologies appeared first on Watts Up With That?.