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EVs Are a Tough Business. Sell Ford and GM Stocks?

Por: MarketWatch Business May 11, 2023

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A lot has changed, prompting the update. For starters, prices for lithium, a key component of lithium-ion batteries that power BEVs, have dropped dramatically. And new tax credits for U.S. buyers went into effect in January. A tax credit doesn’t lower an EV maker’s cost, but it lowers the cost for an EV buyer, which gives an auto maker the ability to still make money producing a vehicle with higher costs. The good news is EV costs are coming... + full article



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