Comments on: Automakers Face Roadblocks in Switching to Electric Vehicles https://www.pymnts.com/transportation/2024/automakers-face-roadblocks-in-switching-to-electric-vehicles/ What's next in payments and commerce Thu, 01 Aug 2024 12:30:31 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles  https://www.pymnts.com/transportation/2024/automakers-face-roadblocks-in-switching-to-electric-vehicles/#comment-61005 Thu, 01 Aug 2024 12:30:31 +0000 https://www.pymnts.com/?p=2017931#comment-61005 […] Uber, which claims to run world’s largest on-demand EV network, and BYD, a global EV manufacturer, are teaming up to overcome the obstacles that have slowed the broader adoption of electric vehicles. […]

]]> By: Automakers Encounter Challenges in Transitioning to Electric Vehicles | Kilowatt Journal https://www.pymnts.com/transportation/2024/automakers-face-roadblocks-in-switching-to-electric-vehicles/#comment-60534 Mon, 29 Jul 2024 00:24:35 +0000 https://www.pymnts.com/?p=2017931#comment-60534 […] In conclusion, the automotive industry is at a crossroads in its transition to electric vehicles, facing challenges related to profitability, pricing power, and consumer demand. The delay in launching electric vehicles by some automakers highlights the difficulties in meeting EV demand and shifting market trends. Educating consumers about the benefits of EVs and making electric vehicles more readily available for test drives are essential steps in promoting adoption. Despite the current obstacles, there is a need for continued efforts to advance electric vehicle technology and facilitate the transition to more sustainable transportation options. Only through innovation and collaboration can the automotive industry overcome these challenges and successfully transition to electric vehicles. Read the full article here […]

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