Callaway Climate Insights

Callaway Climate Insights

How EV slowdown has put the brakes on U.S. banks' green ambitions

Long slammed for backing dirty industries, electric vehicles were seen as a savior.

Matthew Diebel
May 23, 2024
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For a while, U.S. carmakers, old and new, were giddy as the electric vehicle market took off. Manufacturers saw themselves entering a market that Elon Musk’s Tesla TSLA 0.00%↑ had proved was red-hot. And suppliers saw brand …

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