If U.S. automakers turn their backs on electric vehicles, “their sales outside the U.S. will shrivel,” warns Bloomberg. [Alternate URL.]
They’re already falling behind on the technology, relying on a 100% U.S. tariff on Chinese EVs to keep surging rivals like BYD Co. at bay…. While the American automakers “mostly understand the challenge in front of them, they don’t have full plans” to confront it [said Mark Wakefield, head of the global automotive practice at consultant…

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