A report from KPMG, an international accounting firm, suggests that by the year 2030, electric vehicles (EV) will be just over 20% of the automotive market.
Cox Automotive reported that its Manheim Used Vehicle Value Index (MUVVI), which tracks the auction prices of used cars, plunged the most on record in December from a year ago as the auto market cools.
Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure.
“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”
Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles.
For decades Klaus Schwab’s World Economic Forum (WEF) has been recruiting and cultivating corporate and political leaders from all over the world to embrace a vision and plan for a complete social, political, and economic transformation -- a “Great Reset” -- which is nothing short of a communist “New World Order.”