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Why automakers could generate greater profits outside the auto industry

When it comes to coherent ecosystems, automakers need to seek partnerships beyond their comfort zones, writes Nadja Peltomӓki

From Toyota and Ford teaming up with pizza delivery companies and ride-hailing firms to Volvo investing in LiDAR maker Luminar, there are dozens of examples of automakers looking beyond the automotive industry for new strategic partnerships, revenues and markets.

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