Many companies are shifting away from electric cars right now. As someone who doesn't pay much attention to the industry, is it about capital costs, battery mat

Many companies are shifting away from electric cars right now. As someone who doesn't pay much attention to the industry, is it about capital costs, battery material shortages, consumer behavior, loss of subsidies, general competition, etc? It feels like we made a lot of promises about a shift to "all electric" in certain places by 2030 and I see those promises being rolled back or weakened.