https://www.foxbusiness.com/markets/...d-ev-models-us
Quote:
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Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs.
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https://www.foxbusiness.com/markets/...xpensive-hobby
Quote:
Winkelmann told The Sunday Times the "acceptance curve" for EVs in Lamborghini's target market was "close to zero" and flattening amid a lack of interest from the luxury automaker's clientele.
He added in the interview that EV development poses a risk of becoming an "expensive hobby" for Lamborghini and that the automaker plans to make traditional internal combustion engine vehicles "for as long as possible."
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So, is ICE in its final gasping death throws? Or, is EV domination not as inevitable when policy isn't forcing it on consumers?
Meanwhile...
https://gmauthority.com/blog/2026/03...i-slop-report/