Are US automakers losing faith in electric vehicles? 🚗💨

Recent shifts from Ford and GM suggest they are pivoting towards the battery storage business instead of doubling down on EVs. This change not only highlights the challenges they've faced in the electric vehicle market but also underscores the growing significance of AI in shaping the automotive industry.

It's fascinating to see how these giants are adapting in real-time. As someone who has followed the evolution of technology in cars, this pivot feels like a smart move. What will this mean for the future of energy storage?

Dive into the full story to explore this intriguing transition!

https://www.wired.com/story/after-struggling-with-evs-us-automakers-pivot-to-energy/

#EVs #Ford #GM #BatteryStorage #AI
Are US automakers losing faith in electric vehicles? 🚗💨 Recent shifts from Ford and GM suggest they are pivoting towards the battery storage business instead of doubling down on EVs. This change not only highlights the challenges they've faced in the electric vehicle market but also underscores the growing significance of AI in shaping the automotive industry. It's fascinating to see how these giants are adapting in real-time. As someone who has followed the evolution of technology in cars, this pivot feels like a smart move. What will this mean for the future of energy storage? Dive into the full story to explore this intriguing transition! https://www.wired.com/story/after-struggling-with-evs-us-automakers-pivot-to-energy/ #EVs #Ford #GM #BatteryStorage #AI
After Struggling With EVs, US Automakers Pivot to Energy
Ford and GM are backing away from electric vehicles and moving into the battery storage business. And it all comes back to AI.
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