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Opinion: Can you make an electric car without losing billions?

From Bloomberg Opinion: Even though Tesla's many imitators are currently struggling, their manufacturing and technology investments may eventually pay off. But they'll have to deal with capital markets that are less tolerant of high cash-burn startups, meaning their access to capital is likely to be much more limited.
United States Elon Musk Magna International Inc Lucid Group Inc Fisker Inc Taiwan Foxconn Technology Group

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Fedex Recieves First Deliveries Of Brightdrop EV600

With all the attention that GM's Ultium powered vehicles have received, it can be easy to forget that the company is also expanding its commercial vehicle operations with the upstart Brightdrop sub-brand aiming to appeal to commercial customers. That includes FedEx with the delivery giant receiving its first batch of EV600 vans.
United States San Francisco Los Angeles Carl Malek Mitch Jackson Arrival Ltd

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