As per apple – (1) Demand for EVs has slowed in recent month as borrowing costs remain high, which has made the market increasingly competitive as major players try to win over customers. (2) In January, Tesla warned that its sales growth would be weaker this year than in 2023
I think hype over EV are euphoria than reality in future. Multiple headwind could disappoint many investors! Alternate fuel driven vehicles – CNG, Hydrogen, Biodiesel still good to go…Looks Hydrogen driven vehicles will be next trend to play…so many projects (real projects!) are coming on green hydrogen
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