Published 2 years ago

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Summary by Ground News

World's top automakers plan to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production. To support that unprecedented level of EVs, carmakers and their battery partners are planning to install 5.8 terawatt-hours of battery production capacity.

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Times of India

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation published just a year ago.

2 years ago·India

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Global News

World’s top automakers plan to spend $1.2T through 2023 on EVs, batteries - National

The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation a year ago.

2 years ago·Toronto, Canada

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Channel News Asia

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

(Reuters) - The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that production, according to a Reuters analysis of public data and projections released by those companies.

2 years ago·Singapore

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IBTimes

Exclusive-Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030

The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that

2 years ago·United States

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National Post

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that production, according to a Reuters analysis of public data and projections released by those companies. Read More

2 years ago·Canada

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OAN

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

By Paul Lienert(Reuters) – The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that production, according to a Reuters analysis of public data and projections released by those companies.The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and …

2 years ago·San Diego, United States

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Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

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Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

World’s top automakers plan to spend $1.2T through 2023 on EVs, batteries - National

World’s top automakers plan to spend $1.2T through 2023 on EVs, batteries - National

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Exclusive-Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030

Exclusive-Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Exclusive-Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

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