GlobalData: Global automakers earmark nearly US$600B for EVs over next decade
Green Car Congress
APRIL 2, 2022
However, there is no apparent correlation identified between the level of investment announced and expected contribution to growth as can be seen in the case of Ford, Stellantis and GM. Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year.
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