Automakers invest heavily in electric vehicles despite still-low demand
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NEW YORK (Reuters) - Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.Officials said their companies are charging ahead with a flurry of new electric vehicle (EV) models, citing rising regulatory requirements globally.Last year, only about 2 percent of U.S. auto sales were comprised of full electric or plug-electric hybrid..