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GM's EV Strategy Is Paying Off. It's Still Fighting This EV 'Mandate'

  • General Motors is excelling in the electric transition, becoming the No. 2 EV seller after Tesla.
  • GM is expanding its electric models and advancing battery development under CEO Mary Barra's leadership.
  • Despite success, GM is challenging California's 2035 EV 'mandate' to ban gas-powered vehicles.
  • The company faces difficulties as EV sales slow, discounts decrease, and Congress considers reducing tax credits.
  • GM is reconsidering its electric vehicle production targets and facing challenges with battery costs and infrastructure.
  • Volkswagen is optimistic about its EV strategy in China, aiming to introduce 40 new models by 2027.
  • Apple's AI struggles impacted its canceled Apple Car program, despite some AI successes with specialized components.
  • Future cars may integrate AI assistants and advanced software, seen in Chinese automakers' models.
  • AI is expected to play a significant role in future cars in the U.S. and Europe, offering advanced capabilities.
  • Companies like GM and Apple are navigating challenges to align with the evolving trends in the automotive industry.

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