Tesla, fellow EV makers warn of slack demand: EVs weekly
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: EV makers are hitting pause on EV production; BP makes a deal; and Tesla escapes EU probe.The recent cautious approach adopted by major automotive players has signaled a significant shift in the electric vehicle market.
These Tesla chargers will bear the BP Pulse branding, and BP will oversee their installation and operation. Equipped with Tesla's “Magic Dock,” the chargers will support both North American Charging Standard and Combined Charging System connectors. SAIC Motor operates as a state-owned entity, while Geely and BYD, established in 1986 and 1995, respectively, are privately held companies , a manufacturing conglomerate). Nonetheless, it's likely that all three firms have received more direct subsidies over the last few decades than international brands.
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