GlobalData: Global automakers earmark nearly US$600B for EVs over next decade
Green Car Congress
APRIL 2, 2022
With all OEMs taking the same path, it is unlikely that any long-term sustainable competitive advantage will be conferred and that visibility over the billions of dollars of planned xEV investment is a price of market participation. Automakers need to be tech-efficient to combat technology rivals invading the auto industry.
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