Exclusive: Global carmakers now target $515 billion for EVs, batteries

Exclusive: Global carmakers now target $515 billion for EVs, batteries

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/electric-vehicles-investment-exclusive/exclusive-global-carmakers-now-target-515-billion-for-evs-batteries-idUSKBN2HV0HV

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.