For months, the electric vehicle (EV) market has been experiencing a significant shift, with major automakers revising their strategies as demand slows.
The ripple effects of the cautious outlook from Original Equipment Manufacturers (OEMs) are being felt across the EV battery supply chain.
According to insights from JPMorgan’s Global EV Battery team, the supply chain is experiencing further volume revisions despite improving battery economics, driven by cheaper metal and lower cell prices.
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