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As EV sales slump, Volkswagen scales back battery factories buildout
- melling 2y agoA lot of EV strategy changes by traditional auto makers https://www.cnbc.com/2024/08/23/ford-ev-strategy-smaller-cars.html https://www.cnbc.com/2024/08/23/ford-ev-strategy-smaller-car... Meanwhile, EV usage in China is already impacting oil demand: https://autos.yahoo.com/chinas-evs-fueling-big-oil-181929671.html https://autos.yahoo.com/chinas-evs-fueling-big-oil-181929671...
- floxy 2y agoOne man's slump is another man's highest ever volume of EV sales: https://www.coxautoinc.com/market-insights/q2-2024-ev-sales/ https://www.coxautoinc.com/market-insights/q2-2024-ev-sales/