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June 20, 2018 08:50 pm GMT

Automakers are burning through billions in EV, AV race

The race to develop autonomous and electric vehicles could be a race to the bottom for the automotive industry at least in the near-term. A new global study by consulting firm AlixPartners paints an ominous forecast for automakers in the next few years, a toxic cocktail of big spending and lots of competition mixed […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QMPeIeSxHiM/

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