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Eaton to Develop Gearing for EVs

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.