Plenty of roadblocks for automakers seeking EV success - Business News: Latest News & Videos about market and economy | Trendmergers

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Plenty of roadblocks for automakers seeking EV success

Following the success of Elon Musk's Tesla, built solely on electric vehicles, most of the biggest names in the sector are planning to invest tens of billions of dollars to reorient their businesses toward clean energy. Stellantis, the world's fifth-largest automaker, plans to sell only electric cars in Europe by 2030. Toyota expects to release about 30 electric models in that same timeframe. GM hopes to stop making cars with combustion engines by 2035.

from Industry-Economic Times
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