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Sunday, July 12, 2026

The Electric Car Revolution Is Not Going Well

The electric car revolution was supposed to be inevitable. But over the past six months it's begun to look shaky. The clearest warning sign isn't sales figures, it's what carmakers are doing with their own money: writing off huge losses, scaling back their plans, and cancelling battery projects. So what's really happening to electric car demand, and is the slowdown temporary? Let's take a look.

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