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Over the course of this program, I have said many times that vehicle manufacturing is not for the faint of heart, or light of pocket. Years of upfront investment, the buildout of a dealer network, parts network, marketing department, and being able to build and launch a brand-new manufacturing facility, managing what could be hundreds if not thousands of suppliers is often a daunting task, even for established companies. Two more EV makers have gone broke, but perhaps one may live to see another day.
By TechMobility Productions Inc.Over the course of this program, I have said many times that vehicle manufacturing is not for the faint of heart, or light of pocket. Years of upfront investment, the buildout of a dealer network, parts network, marketing department, and being able to build and launch a brand-new manufacturing facility, managing what could be hundreds if not thousands of suppliers is often a daunting task, even for established companies. Two more EV makers have gone broke, but perhaps one may live to see another day.