The slowdown in electric vehicle (EV) demand around the world hasn't been isolated to electric vehicle manufacturers. Suppliers across the industry are also seeing demand slow and that's exacerbating losses.

This week was one of the worst EV suppliers have seen. According to data provided by S&P Global Market Intelligence, shares of Blink Charging (NASDAQ: BLNK) have fallen as much as 25.8% this week, Luminar (NASDAQ: LAZR) dropped 34%, and Solid Power (NASDAQ: SLDP) was down 16.4% at its low. At 10 a.m. ET on Friday shares were down 25.4%, 29.9%, and 13.9% on the week.

There wasn't much good news from earnings reports for Blink, Luminar, or Solid Power. They all have different business models and products, but they're all impacted by the same trends.

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Source Fool.com