Who are we dealing with?, page-5

  1. 1,150 Posts.
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    If they put our anode into the battery how long before the finished product would be sold? My guess is a huge fire sale is looming. They will rust away, batteries will diminish in life. No win for anyone. What is our BOD plan B?

    https://al24news.com/en/germanys-auto-industry-faces-crisis-as-thousands-of-unsold-cars-pile-up/

    A sprawling parking lot in Germany is packed with thousands of unsold vehicles, including electric models, as rising prices and poor infrastructure dampen demand. The backlog includes German-made cars like Volkswagens and Audis, with some sitting for over a year, an employee at the facility revealed.

    The employee cited the slow uptake of electric vehicles (EVs) as a major factor, describing the e-car strategy as “not going well.” Volkswagen, one of the hardest-hit manufacturers, reported declining sales last October and announced cost-cutting measures amidst widespread labor strikes.

    As the country grapples with transitioning to EVs, challenges like inadequate charging infrastructure and high costs are creating significant barriers, leaving Germany’s once-thriving auto sector struggling to adapt.


 
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