Climate Changed
Musk's Electric-Car Vision Doubted by Major Parts Suppliers
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Why Electric Cars Aren't Taking Over Yet
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Some of the world’s top auto-parts suppliers aren’t buying all the enthusiasm about the electric vehicles hyped by Tesla Inc.’s Elon Musk and larger carmakers trying to keep up.
Executives at five of the 25 biggest suppliers to automakers in North America have all downplayed this month expectations for electric-vehicle sales. After Volvo Car Group made a splash with its pledge to put electric motors in every new car by 2019 and Musk predicted more than half of U.S. auto production would be electric in 10 years, the parts makers have issued modest forecasts and spoken in circumspect, even defiant, tones.