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Monday, October 4, 2021

General Motors electric-vehicle push backed by hedge fund


General Motors electric-vehicle push backed by hedge fund



General Motors' plans to electrify its vehicle lineup has won the support of hedge fund Engine No. 1, which gained notoriety in January when it won three seats on Exxon Mobil’s board of directors by convincing big investors that the oil giant lacked a clean energy strategy.

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