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What does the transition to electric cars actually mean for the automotive industry?

Tesla Model X

“How did you go bankrupt?” In two ways. Gradually, then suddenly.” – E. Hemingway   If it were an average industry, we might overlook the current changes, but according to the International Organization of Automobile Manufacturers, the auto industry, directly and indirectly, generated 50 million jobs, bringing in a value of more than two trillion […]