New U.S. Administration Likely to Dent EV Production, Jefferies Says -- Market Talk

Dow Jones11-13

1109 ET - Jefferies warns that a second Trump term may be bad news for battery-powered vehicle production. The analysts, referencing S&P Global Mobility insights, say a material decrease in U.S. EV production is expected under the new administration. S&PGM is projecting North American production to be down 1.1% year-on-year in 2025, according to the analysts. (ben.glickman@wsj.com; @benglickman)

(END) Dow Jones Newswires

November 12, 2024 11:09 ET (16:09 GMT)

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Comments

  • zelia
    11-13
    zelia
    So many sour grapes today. Trying hard to down play the stock. Pls try harder
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