Today on Critical Materials: VW delays flagship 'Trinity' EV, Musk and Tesla seem to disagree on subsidies, and South Korea presses for EV battery transparency.
Car manufacturers have been a bit overly optimistic about the pace of EV adoption. This has led to a sliding scale of sales expectations so that automakers can be more flexible in adjusting rollout strategies to meet consumer demand more accurately. Volkswagen is taking full advantage of its flexible strategy and is now reportedly changing the planned model order to better fit the changing EV market. Welcome back to Critical Materials, your daily roundup for all things EV and automotive tech.
Reuters outlines other examples of Tesla's use—and push for—government support and subsidies through its previous actions: he public record clearly shows that Tesla, since its founding over two decades ago, has benefitted from government assistance, largely because of its role in moving the U.S. toward cleaner cars. Tesla's first major manufacturing facility, in Fremont, California, was developed with the help of a $465 million loan from the U.S.
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