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Stock impact report

All the wrong EVs are getting cancelled [Verge, The]

NISSAN MOTOR LTD S/ADR (NSANY) 
US:NASDAQ Investor Relations: nissan-global.com/en/ir
Company Research Source: Verge, The
These past few weeks have been particularly brutal for the EV industry — and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree , killing a host of promising new models. The EV graveyard grows bigger by the minute. And unfortunately, as is often the case, much of the focus seems to be on affordable models that had the potential to attract new customers. Meanwhile, ugly EVs that cost too much and do nothing to move the needle on EV adoption continue to darken our highways. First, the cheap ones who's bodies have not yet gone cold. The Volvo EX30, a fun, quirky crossover that was supposed to start at around $35,000, won't be getting a 2027 model year in the US . Chevy said it was bringing back the Bolt this year — but apparently only for this year, with GM saying it will only be for a limited 18-month run . And Nissan said it was canceling the affordable, 52kWh entry-level S trim of Le Show less Read more
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