Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-28T03:33:00+00:00
There is a particular kind of business decision that only looks brilliant in hindsight, and only after everyone who made the opposite call has finished writing off the difference. It rarely feels brave at the time. It usually feels like being the last person in the room who did not get the memo. The American electric vehicle market spent most of the past decade running on a subsidy. That credit, worth $7,500 per car, expired on Sept. 30, 2025, and the correction arrived exactly on schedule. Automakers sold 462,892 all-electric vehicles in the first half of 2026, down 23.8% from the same period a year earlier, according toCox Automotive. The industry response was a stampede for the exits. Carmakers have booked nearly $70 billion in write-downs as they scrap and postpone electric programs, r
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.