Entries with tag ev .

Tesla might soon have a 'near-monopolistic' hold on the electric vehicle market

 

Tesla is already a leader in the electric vehicle market, but the extent of its advantages in manufacturing may be underestimated. "With no clear pathway to high-volume EV [electric vehicle] production for these OEMs [original equipment manufacturers] before the mid-2020s," write the analysts, "Tesla will be given a near-monopolistic opportunity to gain market share and outcompete the incumbent automotive industry."

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Source:  Business Insider

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