VW, China spearhead $300 billion global drive to electrify cars

  • Thread starter PAUL LIENERT, NORIHIKO SHIROUZU and EDWARD TAYLOR
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PAUL LIENERT, NORIHIKO SHIROUZU and EDWARD TAYLOR

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Global automakers led by VW are planning a $300 billion surge in spending on EV technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and EV technology suppliers.




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