Get all your news in one place.
100's of premium titles.
One app.
Start reading
InsideEVs
InsideEVs
Technology

Why Auto Suppliers Are Cutting EV R&D Spending By Millions

The industry seems to be a bit confused about what's going on with EV adoption. Some manufacturers believe that it's slowing, while others are having some pretty great months. And some industry experts are pointing the finger at Tesla's bleak sales for skewing numbers industry-wide. Whatever the reason is, the pain is now reaching automotive suppliers—the companies that make parts and components for these cars—and that isn't a good sign.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.