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The Bank of America report points out that the global automotive industry is facing a dual pressure of power systems and policies, forcing companies to refocus their strategic focus on traditional internal combustion engine fields. The bank believes that the key factors determining the survival of car companies in the next four years are the speed of new car replacement, the competitiveness of sales channels, and market share. Bank of America warns that car companies must rely on their internal combustion engine product lines to maintain cash flow in order to cope with the severe fluctuations in the next four years.