Study questions massive investments in AVs

By 2023, $255 billion in r&d and capital expenditures will be spent globally on more than 200 electric vehicle models, according to the study. (REUTERS)

June 20, 2018 05:00 AM

DETROIT -- Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says.

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