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Legacy automakers pull back from electric vehicles

Despite booming global EV sales, the largest U.S. automakers have shifted away from EVs, raising questions about whether the U.S. auto industry could be left behind if current trends persist.

Reported · Written up by our desk · Sectors

The U.S. auto market’s EV push is losing momentum as major automakers have backed away from electric vehicles, even while global EV sales are expanding, according to a Business report from The New York Times.

The article argues that the retreat could leave the biggest U.S. automakers increasingly exposed to a future where EVs become the default technology, potentially threatening their long-term position in the industry.

The New York Times frames the shift as a risk that could ripple beyond individual companies, with implications for the broader U.S. auto industry as customers and markets move toward electric options.

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