Reuters exclusively reported that global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, ramping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets. Looming zero-carbon mandates in cities and countries have lent additional urgency to the industry’s investment commitments.
AutomotiveBusiness & FinanceEnergyEnvironment
Reuters reveals global carmakers now targeting $515 billion for EVs, batteries
10 November 2021, 3:58 pm 1 minute
Article Tags
Topics of Interest: AutomotiveBusiness & FinanceEnergyEnvironment
Type: Reuters Best
Sectors: Business & FinanceCommodities & EnergyEquitiesTransport & Logistics
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story