EV auto sales takes a breather

EV industry is going to be in a little bit of a pause/rethink mode for a while. On the automaker side. Oversupplied with cars that are engineered for "get them produced" instead of "make em work properly". And without interest rates low, people don’t want $60k cars.

It'll be fine in the long run, the automakers will rethink what they need to actually make. The cars need to be much lighter and cheaper. I mean I sympathize with the several chief engineers at certain automakers who are probably going "... but it's impossible!". But reality is: the ones who do do it, will be the ones that win. The only way the "but it's impossible!" strategy works is if literally no other carmaker can figure it out. And Honda has a history of lapping everyone else when you take your eye off them ...

You don't want to end up the Mitsubishi of EVs. Make good cars and people will buy 'em. That's basically the only rule in the auto strategy book.