Porsche, Volkswagen cut forecasts as EV slowdown forces strategy shift - CNBC TV18
The retreat highlights the broader industry challenges, with European carmakers grappling with a slowdown in EV sales despite years of heavy investment.
As the Germans falter, gives more time for Lucid to establish itself as the " Porsche " of EV's......battery demand drops, batteries become cheaper.
By the time Germans wake up, Lucid will be light years ahead in EV tech and software!