Rick Haglund: Automakers face huge losses, hit pause on electric vehicles

Way back in January 2020 B.C. (Before Coronavirus), automakers were enjoying healthy sales and working feverishly to transform themselves into major producers of electric and self-driving vehicles. “It seems like three months ago, I couldn’t go to an external presentation that wasn’t focused on electrification,” said Joe Zaciek, research and industry analysis manager at the … Continue reading Rick Haglund: Automakers face huge losses, hit pause on electric vehicles