Europe's EV Factories Are Falling Apart – And It's Worse Than It Seems

Europe's EV Factories Are Falling Apart – And It's Worse Than It Seems
Europe's electric vehicle market is hitting some serious roadblocks, with big players like SVOLT and Audi feeling the heat. Despite the initial buzz and ambitious plans, the reality of declining sales and high production costs is forcing companies to rethink their strategies and scale back their European operations. Are we witnessing the beginning of the end for Europe's EV boom? With factories shutting down and protests brewing, the landscape is shifting in unexpected ways. The electric vehicle (EV) revolution is supposed to be in full swing, with shiny new factories popping up left and right. But hold on – something strange is happening in Europe. Instead of a boom, we're seeing closures, cancellations, and a whole lot of uncertainty.