The EV startup boom is over. Companies are now trying to avoid a bust.

Posted by JP Murmann | Mar 20, 2023 | BEV, Companies, Propulsion, Technology | 0 |

Molly Boigon in Automotive news reports: “Of the 10 EV startups reviewed by Automotive News, only four have enough cash on hand to cover a year or more of operating expenses, and only a couple can cover more than two years of their cash burn, according to their most recently available Securities and Exchange Commission filings.“

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About The Author

JP Murmann

Johann Peter Murmann is Chair and Professor of Strategic Management at the University of St. Gallen. He received a BA in Philosophy with Honors from the University of California at Berkeley and a Master’s and PhD degree with distinction in Management and Organizations (1998) from Columbia University. Professor Murmann mainly focuses his award-winning research activities on systematic examination of the ways companies gain or lose competitive advantage over long periods of time. He now researchers with his team who companies can improve their forecasts.