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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. With all of the costs and capacity being wrung out of the system, the auto industry may become spectacularly profitable as demand climbs back toward trend levels. 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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