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GM And Hyundai's Electric Van And Truck Plans Are Coming Together
- GM and Hyundai are ramping up their efforts in the electric vehicle (EV) space to compete with Tesla and Chinese automakers, exploring partnerships for next-generation EV models and components.
- Hyundai's sales of electric and hybrid vehicles in the U.S. are performing well, while GM faces tough competition from Chinese EV manufacturers.
- A potential partnership between GM and Hyundai includes sharing battery technology, developing new vehicles, and joint sales networks.
- Record numbers of Tesla vehicles have been traded in recently, indicating some discontent among customers due to Elon Musk's public actions.
- Mitsubishi is looking to outsource EV production to Foxconn to enhance its presence in the EV market and speed up development.
- The possibility of Tesla needing a new leader is raised, with questions about Elon Musk's priorities surrounding his involvement with other ventures.
- Mitsubishi plans to introduce a new fully electric model soon, possibly in partnership with Foxconn to streamline production and reduce costs.
- The article also highlights concerns about brand loyalty and trade-ins related to Tesla vehicles, citing factors like Musk's political involvement.
- In the competitive EV market, partnerships between established automakers are seen as critical to staying resilient in the face of regulatory challenges.
- The role of leadership at Tesla, specifically in relation to Musk's activities, is a subject of debate as the company navigates various internal and external challenges.
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