Prediction: Auto industry headed for financial pile-up as EV sales disappoint

AlixPartners' Global Automotive Outlook finds that by 2023, more than a quarter-billion-dollars in research and development and capital expenditures will have been spent globally on EVs. To Shiv Shivaraman, Americas co-head of the Automotive and Industrial practice, “Industry players are sort of caught between a rock and a hard place."

20 June 2018