The EV revolution may be making new alliances out of rivals

Automakers have been debating the future of the industry for years, with the starting point just as confusing as the finish line. It’s a question as old as the Toyota (NYSE:TM) Prius and General Motors (NYSE:GM) EV1, mixed with a large dose of subsidies, practicality, demand and regulations. Rising competition across the globe, especially from China, is also upending many prior presumptions and is even bringing traditional rivals closer together. Quote: “If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in,”…