https://www.cnbc.com/2022/08/28/ev-makers-face-cash-squeeze-amid-soaring-battery-production-costs.html
The article on CNBC "Cash is king for EVs.." say about the car making industry. $billion dollars of investment to be spent before a single car/model to be rolled out and there is a risk that all failed. If the car/model is not sold well, the investment is a loss making. Tesla almost run into it. EVs need larger market to be cheaper and the government around the world is putting in place regulation to make this happen. Once we go EVs, we don't go back.
Good News & Bad News, page-14096
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