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“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...

The price of electric cars will drop as the cost of batteries ... reckons we’ll see a step change in battery prices as soon as 2027 with some batteries going down in price by as much as € ...

"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.