Is the EV transition being pushed further into the future? [Video]

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Been a challenging year for the electric vehicle market. Some major automakers have been pulling back on their investment in the space due to slowing demand. So the question becomes, is this just a speed bump or a longer-term trend? David Mau, VP and Director for Portfolio Research at TD Asset Management, joins us now. David, great to have you back on the program.

Hi, Greg. Always nice to be here.

The EV space– so fascinating over about the past roughly 11, 12 months where this idea, as we were saying, everyone said EVs are the future, and that was the given narrative. And then something changed. Walk us through where we are.

Yeah. I mean, look– for the overall market, EV demand has certainly come down a little bit. We’re seeing a slowing. Like you said, it started probably midway through– halfway through last year, and it’s continued into this year. And we’re talking about the …