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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery. In fact, just a few days ago Germany and France announced a €500 billion green recovery fund to accelerate the EU’s shift to a low-carbon economy.

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