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+--- Thread: Automotive News The EV startup boom is over. Companies are now trying to avoid a bust. (/showthread.php?tid=1351)
The EV startup boom is over. Companies are now trying to avoid a bust. - OEM - 03-16-2023
The EV startup boom is over. Companies are now trying to avoid a bust.
<p>Many EV startups are struggling to pay their bills. They are contending with higher costs, government probes, lawsuits, C-suite turnover and investor burnout in a high-interest-rate environment. For many, the EV startup boom is turning into a bummer.</p>
https://www.autonews.com/automakers-suppliers/ev-startups-are-burning-through-cash-can-they-attract-more-investment