The world’s auto industry is accelerating in two directions at once. Unless those contradictions are resolved, carmakers risk running themselves off the road.

In China and Europe, the transition to electric vehicles is gathering pace. Battery-powered autos made up nearly a quarter of sales in both markets in August, according to Morgan Stanley, with plug-in hybrids lifting the total share to 38% and 28%, respectively.

QOSHE - A Two-Speed Electric Car Market Is Heading for a Crash - David Fickling
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A Two-Speed Electric Car Market Is Heading for a Crash

4 14
30.10.2023

The world’s auto industry is accelerating in two directions at once. Unless those contradictions are........

© Bloomberg

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