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The trends that shaped EVs, robotaxis, and electric flight in 2024
If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers
Legacy automakers like Ford and GM spent billions of dollars beefing up their electric vehicle lineups and investing in U.S. battery manufacturing facilities to keep on top of supply chains. While Rivian hasn’t had the smoothest run since its record-breaking IPO, the EV maker hit some major milestones in 2024, albeit with some speed bumps along the way, including a series of lawsuits alleging top executives of harassment. The startup has fought the odds and managed to turn its docked e-bike rental service for delivery workers into a profitable business, and has even branched out into building battery charging cabinets.
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