Professor Helveston Analyzes the Impact of Slowing EV Sales on the Industry


June 18, 2024

EV only sign

In the article “As EV sales growth slows, the industry faces bankruptcies and new challenges,” Marketplace interviewed Assistant Professor of Engineering Management and Systems Engineering John Helveston about why growth in electric vehicle (EV) sales has slowed and caused EV makers like Fisher to file for bankruptcy.

Here is an excerpt from the article: “John Helveston, an engineering professor at George Washington University, said Tesla is such a big piece of the market that its recent slowdown makes the whole industry look bad. “But really, when you look at other automakers like Hyundai, Kia, Ford, GM, they’re actually experiencing still a lot of growth in EVs,” he said.”

Read the full article on Marketplace.