Toyota Doubts Mass EV Adoption as Vroom Closes Down and Boeing Struggles
-
Toyota's chairman believes electric vehicles will only ever reach 30% market share due to factors like lack of infrastructure and high costs.
-
Online used car seller Vroom is shutting down e-commerce operations and laying off 90% of staff to preserve liquidity.
-
Boeing is struggling to meet 2024 737 Max production goals due to added plane inspections and scrutiny after recent incidents.
-
Ford signed a multimillion-dollar contract to provide 9,250 electric Transit vans to the U.S. Postal Service through 2024.
-
The Postal Service plans to spend up to $9.6 billion on electric vehicles through 2028, aided by funds from the Inflation Reduction Act.