Why Tire Companies Love EVs | |
MPEG 1 Layer 3 | |
CNBC | |
17 hours ago (Last Modified: 01 April 2024) | |
Why Tire Companies Love EVs | |
00:14:04 | |
14.56 MB | |
The tire business can be a brutal one - low growth, low margins and extreme competition. Tire makers are at the mercy of ups and downs of raw material prices. About half of customers are largely indifferent to the brand of tires they buy. Price is the main differentiator. But industry analysts say t | |
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