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EV Makers Face Bottlenecks Due to Surging Raw Material Costs and Chips Supplies

EV manufacturers raised prices putting margins under pressure. The key to sustaining the EV market will be consumer demand.

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EV Makers Face Bottlenecks Due to Surging Raw Material Costs and Chips Supplies

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  1. EV Makers Face Bottlenecks Due to Surging Raw Material Costs and Chips Supplies.

  2. China electric vehicles manufacturers are in a difficult situation. Margins have been squeezed by increasing raw material costs, with many carmakers increasing their sticker price. The problem of putting the EVs in an expensive basket means risking consumer demand even as the government is looking to spur adoption. You can read the full content: https://businessupside.com/2022/04/03/ev-makers-face-bottlenecks-due-to-surging-raw-material- costs-and-chips-supplies/

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