{"id":431,"date":"2023-03-20T16:46:27","date_gmt":"2023-03-20T16:46:27","guid":{"rendered":"https:\/\/auto-future.org\/?p=431"},"modified":"2023-11-08T15:25:20","modified_gmt":"2023-11-08T15:25:20","slug":"the-ev-startup-boom-is-over-companies-are-now-trying-to-avoid-a-bust","status":"publish","type":"post","link":"https:\/\/auto-future.org\/index.php\/2023\/03\/20\/the-ev-startup-boom-is-over-companies-are-now-trying-to-avoid-a-bust\/","title":{"rendered":"The EV startup boom is over. Companies are now trying to avoid a bust."},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;de-highlights&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;-49px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_class=&#8221;de-highlights&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;-75px|auto||auto||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;957.4px&#8221; custom_margin=&#8221;-56px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;664.6px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#000000&#8243; global_colors_info=&#8221;{}&#8221;]<p><span>Molly Boigon in\u00a0<\/span>Automotive news reports: \u201cOf the 10 EV startups reviewed by<span>\u00a0<\/span><em>Automotive News<\/em>, 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.\u201c<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<blockquote><\/blockquote>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><a href=\"https:\/\/www.autonews.com\/automakers-suppliers\/ev-startups-are-burning-through-cash-can-they-attract-more-investment?utm_source=the-intersection&amp;utm_medium=email&amp;utm_campaign=20230319&amp;utm_content=content-link-9\"><span> <span style=\"text-decoration: underline;\"><span style=\"color: #3366ff;\">Read full article<\/span><\/span>.\u00a0<\/span><\/a><\/p>\n<blockquote><\/blockquote>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/auto-future.org\/wp-content\/uploads\/2023\/03\/auto-liste.png&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>Molly Boigon in\u00a0Automotive news reports: \u201cOf the 10 EV startups reviewed by\u00a0Automotive 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.\u201c Read [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,12,1,14],"tags":[],"class_list":["post-431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bev","category-companies","category-propulsion","category-technology","et-has-post-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"https:\/\/auto-future.org\/wp-content\/uploads\/2023\/03\/EV_STARTUPS2_new-MAIN_i.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/posts\/431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":8,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"predecessor-version":[{"id":606,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/posts\/431\/revisions\/606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/media\/432"}],"wp:attachment":[{"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/auto-future.org\/index.php\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}