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GM had $6 billion to spend on EVs, chose stock buybacks (electrek.co)
submitted 2 months ago by sabreW4K3@lazysoci.al to c/automotive@discuss.tchncs.de
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[-] workerONE@lemmy.world 6 points 2 months ago* (last edited 2 months ago)

EV motors are simple and cheap to develop. The cost is in designing new cars, but the motors are cheap to develop.

this post was submitted on 14 Jun 2024
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