
New York
CNN
—
American drivers are still in love with big, gas-burning trucks and SUVs, and automakers are as eager ever to build them – even as US electric vehicle sales continue to climb.
Although traditional automakers have pledged to invest tens of billions of dollars to transition to EVs in the coming decade, they’re making a renewed bet on those large gasoline-powered vehicles that they expected to move away from. The surprising change is in part because consumer demand for EVs has not lived up to expectations, and it is partly because the demand for large gasoline powered trucks and SUVs is keeping prices, and profits, in that…