Tokyo/Frankfurt | Carmakers are making a fresh push into new hybrids and upgraded petrol engine cars as executives look to shore up profits amid the costly wait for electric vehicles to become mainstream.
General Motors, Porsche, BMW and Mercedes-Benz have pledged over the past few weeks to invest in new or upgraded internal combustion engine (ICE) and hybrid models even as they increase the rollout of electric cars to meet tougher emissions regulations in Europe and elsewhere.
Financial Times
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