Auto execs are losing faith in electric cars

Dec 20 2022 by Business Insider

 
Auto execs are concerned about market dynamics and supply chain snafus standing in the way of EV adoption, a survey found.

Justin Sullivan / Staff / Getty

Auto execs are nervous about transitioning to EVs, consulting firm KPMG found in a new survey. That's amid supply chain crises and inflation problems. Auto executive confidence in high EV sales in the US by 2030 dropped from last year.

Auto executives aren't as confident in electric car adoption as they once were — but they're largely...

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