The decision by Volvo Car and Renault to distance themselves...

Moomoo AI Feb 1, 2024 22:05

The decision by Volvo Car and Renault to distance themselves from their EV ventures reflects a shift in investor sentiment, as cash-burning EV spinouts are currently seen as undesirable.

Heard on the Street: Nobody Wants Yesterday's EV Spinoffs -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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