When it comes to the Detroit auto makers, investors seem overly focused on the few electric vehicles available for sale today. As anyone who visits the city’s car show can observe, tomorrow will be different.
General Motors, Ford and Chrysler-parent Stellantis are by far the biggest exhibitors at the North American International Auto Show, which launched Wednesday with a media day that included a visit from President Biden. On neighboring stands, Ford’s F-150 Lightning faces off against its GM peer, the Chevrolet Silverado EV. At one end of the hall, Stellantis makes much of Jeep’s electric four-wheel-drive technology, “4xe,” which has helped make the Jeep Wrangler the bestselling U.S. plug-in hybrid vehicle.
