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Engine parts makers must cross 'valley of death' to reach EV era - Vimarsana News

Engine parts makers must cross 'valley of death' to reach EV era

Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.

Engine Parts Makers Must Cross 'Valley Of Death' To Reach EV Era - Vimarsana News

Engine Parts Makers Must Cross 'Valley Of Death' To Reach EV Era

Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.

Engine parts makers must cross a 'valley of death' to reach the EV era - Vimarsana News

Engine parts makers must cross a 'valley of death' to reach the EV era

AlixPartners estimates carmakers have committed $526 billion to go electric and if they do not proactively address supplier problems they could end up spending another $70 billion to fix them.