Toyota (TM) Debuts bZ3 in China

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Toyota scrambles for EV reboot with eye on Tesla - Reuters

October 24, 2022 6:10 AM EDT

Toyota scrambles for EV reboot with eye on Tesla - Reuters

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Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030

October 21, 2022 2:28 PM EDT

An exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.

Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More