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04 Jan
14:13

German carmakers line up billions for e-mobility

German carmakers and their suppliers will invest more than €220 billion ($249 billion) in electromobility, including battery technology, digitalisation and other research fields between 2022 and 2026, Kallanish hears from their association VDA. “With record spending on research and development, the industry is demonstrating its determination to make the transformation an international success story,” says VDA president Hildegard Müller. &ldqu…
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