Why expensive power could soon accelerate, rather than retard, the US EV adoption divide
Thus far US BEV adoption has largely been strongest in areas that have higher residential power prices. What if that became a feature, not a bug?
Detroit-based OEM banking on robust pricing and efficiency gains
US automaker GM will not be rowing back from its goal to improve margins on its EV sales to low-to-mid single digits by 2025, even though it has been hit by a module assembly capacity issue that threatens to drag on until year-end. Cost savings and discipline on price are the levers with which it aims to improve EV profitability.
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