Hybrids, gas vehicles boost legacy automakers’ stock prices vs. EV rivals
[ad_1] Shares of legacy automakers have outpaced their electric counterparts over the last few weeks, as investors respond to company decisions to prioritize higher-margin, gas-powered models, hybrids and plug-in hybrids instead of pure battery vehicles. Automakers, including Ford Motor, General Motors, Mercedes, have scaled back on their ambitious EV plans. Electric vehicle demand has slowed [...]read moreHybrids, gas vehicles boost legacy automakers’ stock prices vs. EV rivals