Policymakers forced Car Companies to overestimate EV sales growth, leading to unsold stock and heavy discounting

In our latest update from the world of EVs and market trends for Electric Cars, with the revelation that car manufacturers are losing around $6000 or nearly £5000 on every $50,000 electric car sold. Plus how EVs sales volumes are likely to fall well short of Biden’s mandate of 60% by 2030, and how manufacturers must change or find themselves in an untenable situation.