Mazda in US$10.6bil EV plan with China-owned battery maker
Published on: Tuesday, November 22, 2022
Published on: Tue, Nov 22, 2022
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Nikkei, FMT
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Mazda is one of many global automakers competing to expand EV capacity. (Daniel Fernandez pic)
TOKYO: Japanese automaker Mazda plans to spend about ¥1.5 trillion (US$10.6 billion) by 2030 to address its transition to electric vehicles, joining a rush by global carmakers to expand EV capacity.