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EV Apocalypse: Which Brands Might Not Survive The Electric Revolution?

08 Nov 2024 | Abstracted from Autoblog

The legacy companies...have ICE-based vehicle lineups to produce and generate profits...that...gives them a revenue stream that they can invest in EV production. The bad news is that their legacy operations make it more difficult to fully commit to the changes necessary to produce EVs...Projecting into the future, companies that don’t yet have EVs consumers want to buy are unlikely to make it"

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