As The EV Sector Pulls Back On Growth, Tesla Benefits From Its Soaring Regulatory Credits Sale
By now, the sector-wide retrenchment in the demand for electric vehicles has become an established fact, forcing EV players throughout the globe - barring their state-subsidized Chinese counterparts - to rollback on growth ambitions. This retrenchment, however, is now moving in Tesla's favor as the EV giant continues to exploit its first-mover advantage. Recently, Toyota slashed its 2026 EV production target by ~30 percent to just around 1 million vehicles. In the EU, Volkswagen is considering the closure of "one large vehicle plant and one component factory in Germany," as per the reporting by Reuters. Volvo has also binned its […]
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