March 7, 2026

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

 

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.