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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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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…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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