Part 6/9:
Causes Behind the Crisis
So, what is causing this downturn? Industry experts cite several reasons: first and foremost, high vehicle prices that make many models unattainable for average consumers. There is also concern over the charging infrastructure for electric vehicles (EVs), as many German-made cars struggle with inadequate range and insufficient charging stations. A growing realization is settling in that the strategies historically deployed by these manufacturers are no longer effective.