As more sectors lean into the electric transition, new challenges naturally arise, and that’s the theme of this week’s Market Moves. In California, often seen as the “leader” in the shift to EVs, ambitious mandates clash with reality in the trucking industry and a new bill could see the rise of bidirectional charging in the state, but, as always, infrastructure continues to be a roadblock in adoption.
Manufacturers are also feeling the pressure as they tread new ground: Tesla is breaking into autonomous transit to the detriment of its share price, while the now-bankrupt Fisker struggles to keep its promises to customers.
— Jennifer Ramsay