Arizona EV companies still confident amid signs of industry slowdown

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News that Tesla is laying off 10% of its workforce came as the electric vehicle industry has shown signs of a slowdown for several months, but heads of EV-related companies in Arizona are still optimistic about the industry.

In a significant development, officials with electric vehicle maker Tesla announced they will lay off 10% of its workforce.The decision was announced in a memo to employees, and came as the industry has shown signs of a slowdown for several months.During that same timeframe, some car manufacturers have also announced their decision to pull back on EV promises, and focus instead on hybrids.

Kasalek is the owner of Wattlogic, which helps residential and commercial properties find solutions to EV charging needs. "We have a similar facility in California, but just moved into Phoenix here, about the size of the building that we were in to be able to prepare.""There’s really no going backwards at this point.

 

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