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Carmakers Want To Keep EVs In Drive

The article from Forbes, published on November 25, 2024, discusses how traditional automakers are intensifying their efforts to maintain market share in the electric vehicle (EV) sector amidst growing competition from new entrants like Tesla, Rivian, and Lucid. Key points include the industry's shift towards EVs due to regulatory pressures, consumer demand for sustainable transport, and technological advancements. Carmakers are investing heavily in battery technology, autonomous driving features, and expanding their EV lineups to stay competitive. The article highlights strategies such as partnerships with tech companies, significant investments in charging infrastructure, and the development of proprietary software to enhance vehicle connectivity and user experience. Additionally, there's a focus on addressing range anxiety through improved battery efficiency and faster charging solutions. The overarching theme is the automotive industry's transformation to adapt to the electric future while trying to retain their customer base and market dominance.

Read the Full Forbes Article at [ https://www.forbes.com/sites/alanohnsman/2024/11/25/carmakers-want-to-keep-evs-in-drive/ ]