Aftermath of the EV hype – permanent dip, small dent, or no crisis at all?

Aftermath of the EV hype – permanent dip, small dent, or no crisis at all?The hype surrounding electric vehicles (EVs) in recent years has been undeniable, driven by a combination of environmental consciousness, government incentives, and technological advancements. However, as the dust settles, questions arise about the sustainability of this growth momentum and the long-term viability of the EV market.The surge in demand for EVs, accelerated during the COVID-19 pandemic, painted a rosy picture of exponential growth and high expectations. Ambitious targets, such as Germany’s aim to have 15 million EVs on the road by 2030, fueled optimism for a …