Weekly Comments March 21, 2026

by Jonathan Custer

March 21, 2026 Weekly Industry Update – Key Highlights Global Economy: Rising oil prices tied to tensions involving Iran are boosting interest in EVs, with $4/gallon emerging as a key adoption trigger. At the same time, Chinese players like BYD and Geely are targeting Europe’s truck market with lower-cost, tech-advanced EVs, pressuring incumbents such as Volvo Group and Daimler Truck. Meanwhile, AI-driven demand is …

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