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130 new news items in the last 24 hours
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  2. Economy

Car companies are cutting investment in electric cars, expecting an increase in demand. Electric car sales fell in December 2023.

Emese Grancsa
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8 February 2024, 13:52
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Economy
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Profitability concerns have driven Tesla shares down, influencing other car companies' decisions. However, sales of electric cars saw substantial growth in 2023, reaching a global volume of more than 1.5 million units. Incumbent manufacturers face difficulties in justifying investment in electric cars amid still modest demand.

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Interesul pentru mașini electrice scade din cauza prețurilor mari și a lipsei stațiilor de încărcare

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NEWS ON THE SAME TOPICS

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The demand for electric cars has increased significantly in Europe, against the backdrop of rising fuel prices. What are the most sought-after brands?
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Over 27% of cars sold globally in 2026 will be electric, up from 9% in the next five years. China dominates the market, having 64% of EV sales.
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Honda records its first annual loss in 70 years due to electric vehicles
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German car manufacturers are facing major challenges and massive restructuring.
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Tesla's revenues increased by 26% in the second quarter, reaching 28.24 billion dollars, however, net profit decreased by 17%, to 1.15 billion dollars.
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