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?
Chinese premium NEV maker reverses one downgrade, but analyst doubts remain
China’s Nio has seen a rebound in its share price after it announced price cuts, following a slump that had dragged shares to their lowest in three years at the end of May. The firm’s New York-listed price jumped by almost 9pc on Monday to $8.40/share (see Fig.1).
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