EVs Will Hit Detroit Harder Than a UAW Raise

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EVs Will Hit Detroit Harder Than a UAW Raise
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While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge losses.

While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge lossesPresident Biden on Tuesday joined a picket line with striking members of the United Auto Workers union in the Detroit area, the most pro-union strike stance taken by any president in decades. Photo: Evan Vucci/Associated Press

What kind of raise can Detroit afford to give auto workers? It depends partly on when American car buyers go electric.Continue reading your article with

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