Auto

Auto wage hikes complicate the search for an affordable EV

The economics of making and selling electric vehicles are proving far trickier to cobble together than their supply chain might suggest. — Bloomberg

NEW YORK: A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20.

However, the economics of making and selling electric vehicles (EVs) are proving far trickier to cobble together than their supply chain might suggest.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
EVs , Electrification , AutoManufacturing , UAW , Unionisation , Wages , Costs , Prices , SupplyChain

Next In Business News
Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Wawasan Dengkil's 2Q net profit falls due to revision of project costs
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.