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EV Industry Facing Consolidation Amid Financial Instability
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The EV industry is experiencing financial challenges with declining stock prices, leading to potential consolidation. Larger companies are eyeing acquisitions of struggling startups amidst predictions of bankruptcies due to debt and reduced demand.
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How might the consolidation in the EV industry impact innovation and competition?
In what ways could the consolidation trend in the EV industry influence the global automotive market?
What strategies can smaller EV companies employ to navigate the financial challenges they are facing?
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