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THE E.V. BUBBLE CONTINUES TO DEFLATE: Why Automakers Are Turning Back to Hydrogen as EV Plans Shift

Instapundit [Unofficial] May 5, 2026
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THE E.V. BUBBLE CONTINUES TO DEFLATE: Why Automakers Are Turning Back to Hydrogen as EV Plans Shift: Facing uncertain EV demand, major automakers are shifting capital to hydrogen and synthetic fuels to secure their future, despite steep infrastructure hurdles. Not sure why this would secure their future, given the ready availability of oil nowadays.

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