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Fly News Breaks for March 5, 2020
Mar 5, 2020 | 08:46 EDT
Deutsche Bank analyst Emmanuel Rosner left General Motors' electric vehicle day more positive about the company's ability to derive favorable economics from its electric vehicles. The analyst was impressed with GM's next-generation battery technology, new scalable modular electric vehicle architecture, and its future vehicle portfolio. GM's vehicle electrification knowhow seems underestimated by investors, based on the relatively soft consumer reception to its existing electric vehicles such as the Bolt, Rosner tells investors in a research note. GM has the opportunity to change this perception when it launches its upcoming vehicles, which could help expand the stock's valuation multiple, contends the analyst.
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