The latest EV-related isn ’ t quite as positive as expected . Efforts to decarbonise the automotive sector catalysed a major growth spurt for those manufacturing electric cars , but it seems that , as the winter is soon to roll around , their EV strategies go into hibernation . Ford has cut back on its investments , General Motors on its targets , and Volkswagen Group cut the plans for its new factory altogether .

There seem to be numerous factors at play here . There are still concerns of all-electric vehicle range capabilities , charging networks are growing ; not fast enough to draw in more drivers , and the cost of minerals , batteries , shortages of semiconductors ; generally supply chainrelated problems are all felt in the pockets of drivers and business owners .

It ’ s not all negative . The seniors of EV world remain satisfied with their EVs and continue to evangelise the benefits , but the cost of shifting isn ’ t yet great enough for everyone .

EV MAGAZINE IS PUBLISHED BY © 2023 | ALL RIGHTS RESERVED

TOM SWALLOW

EDITOR-IN-CHIEF tom . swallow @ bizclikmedia . com

EVMAGAZINE . COM [ Nov 2023 ] 5