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GM's Barra backpedals from "mandated" electric car statement

General Motors CEO Mary Barra provides an update on the ignition switch recall investigationGeneral Motors CEO Mary Barra appeared Tuesday to walk back from earlier statements that China would be artificially creating demand by mandating electric cars in the future. “Clearly we believe that the Chinese market will have the highest electric vehicles most quickly because of the regulatory environment,” she said, according to…

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