Reuters reveals global carmakers now targeting $515 billion for EVs, batteries - Reuters News Agency
AutomotiveBusiness & FinanceEnergyEnvironment

Reuters reveals global carmakers now targeting $515 billion for EVs, batteries

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. 

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
FILE PHOTO: An electric car is charged at a roadside EV charge point, London, October 19, 2021. REUTERS/Toby Melville/File Photo
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