Automakers Delay Electric Vehicle Spending as Demand Slows – The New York Times

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  • Automakers Delay Electric Vehicle Spending as Demand Slows – The New York Times

Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.

Normally a 50 percent increase in sales is considered very good. But when the number of electric vehicles sold in the United States grew that much during the third quarter from a year earlier, it was a disappointment.

Carmakers and analysts had expected more. Instead of celebrating, auto…

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