CleanTechnica•3 days ago
US Automakers Will Fall Further & Further Behind Chinese on Electrification
- •US automakers are perceived to be significantly lagging Chinese counterparts in EV development and production, continuing to prioritize internal combustion engine (ICE) vehicles.
- •This trend suggests slower growth in EV charging infrastructure demand in the US, potentially impacting load growth projections for utilities and the market for renewable energy PPAs from charging network developers.
- •The article implies a strategic misstep by US automakers, which could prompt future policy interventions or incentives aimed at accelerating domestic EV adoption and manufacturing.
storage