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4min chapter
UPS Shares Fall, Harris Campaign
Bloomberg Intelligence
Transition from Full-Throttle EV to Balanced Strategy in Detroit
This chapter delves into the strategic shift by major automakers to balance EV production with profitable truck manufacturing, such as companies like GM, Ford, and Stellantis adjusting their focus to offset EV sector losses. It highlights the alleviation of pressure in Detroit to meet EV targets, potential delays in the EV transition, and the impact of industry dynamics and political factors on the automotive sector.
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