Overvalued and Underperforming: Experts Say EV Startups Are Ready to Be Thinned Out
Fisker. Lucid. Rivian. They all have one thing in common: Aside from them all being EV startups, they all had high company valuations before tanking. Now as The Washington Post reports, we may be at a point where it’s survival of the fittest EV company, with some underperforming brands disappearing from the EV space…
