Hyperdrive
Carmakers Start to Starve Combustion Models Out of Existence
Investment in electric vehicles is coming at the expense of engines, transmissions and redesigns of gas burners.
Crushed automobiles at the Boudou Recycling scrapyard in Salles-La-Source, France.
Photographer: Balint Porneczi/BloombergThis article is for subscribers only.
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Automakers have announced a whopping $526 billion collective investment in electric vehicles through 2026, more than double the amount they mapped out over a similar forward time frame a couple years ago.