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CleanTechnica2 months ago

Somebody Is Losing The War On EVs, Bigly

Key Takeaway

Despite current market headwinds, new EV manufacturing capacity is still being developed, indicating long-term confidence in the EV sector and potential for future industrial load growth.

AI Summary

  • Volkswagen-backed startup, Scout Motors, is proceeding with plans to launch EV production in 2027.
  • This commitment to new EV manufacturing facilities signifies a future increase in industrial electricity demand, despite current EV market challenges.
  • The continued investment in EV production indicates long-term confidence in the sector's growth, impacting future grid planning and load forecasting.

Topics

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Article Content

Despite the harsh climate for EV sales in the US at present, the Volkswagen-affiliated startup Scout Motors is forging ahead with plans to launch into production in 2027. The post Somebody Is Losing The War On EVs, Bigly appeared first on CleanTechnica .