this post was submitted on 14 Jun 2024
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Automotive Industry

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GM had $6 billion to spend on EVs, chose stock buybacks (electrek.co)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 19 points 4 months ago* (last edited 4 months ago)

Of course not.

Just like Cash for Clunkers only lined the pockets of auto manufacturers.

You can't make more of something and somehow reduce energy and materials consumption.