#2-27 Detroit3 automakers facing the transition to electric vehicles (EVs) and autonomous driving (AD)

3 companies (GM, Ford and Stellantis) are balancing investments in their profitable traditional combustion engine businesses with significant spending on future technologies. They are developing new EV platforms and battery chemistries while also navigating the complexities of autonomous driving development and the challenge of making EVs cost-competitive with gasoline vehicles. The texts highlight each company's specific strategies, such as Stellantis's multi-brand, multi-energy platform approach and GM's focus on its Ultium battery platform and Super Cruise ADAS, as well as the significant hurdles they face, including intense competition, supply chain complexities, and evolving market demand.