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The Electric

Carmakers Seek a New Revenue Stream in Hot Technologies

XPeng's robot Iron. Photo by VCG/VCG via Getty
By
Steve LeVine
[email protected]Profile and archive

Consumers are putting a strain on automakers almost everywhere by buying fewer new cars, instead fixing up and holding on to the wheels they have or buying used vehicles. Now, to make up for the shortfall in demand, carmakers are falling back on a traditional strength that has turned out to be in rare global supply—the ability to manufacture complex things at industrial scale.

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